OPAL Fuels subsidiary signs landfill gas purchase agreement with Polk County, Florida

OPAL Fuels Inc.

Agreement provides right to purchase landfill gas from Polk County's North Central Landfill.
Plan includes site lease to build facility to process LFG into renewable natural gas (RNG).
Polk County will receive payments and royalties from RNG sales and environmental credits.
Agreement term runs through April 26, 2042, unless earlier terminated or extended.
Site lease not yet fully executed; no assurance it will be signed.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

OPAL Fuels Inc. entered into Landfill Gas Purchase Agreement with Polk County (effective 2023-05-02).

Action: entry
Agreement: supply
Counterparty: Polk County
Effective: 2023-05-02

Exact text from the filing

On May 2, 2023, a wholly-owned subsidiary of OPAL Fuels Inc. (referred to herein as the “ Company ”) entered into a Landfill Gas Purchase Agreement (the “ Agreement ”) with Polk County, a political subdivision of the State of Florida (“ Polk County ”).

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Source: SEC EDGAR

accession 0001842279-23-000027

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