secwatch.observer — SEC 8-K summary
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Issuer:     OPAL Fuels Inc. (OPAL)
CIK:        0001842279
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001842279-23-000090
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPAL Fuels Q3 revenue $71.1M (+7% YoY); net income $0.2M; RNG capacity triples to 5.2M MMBtu
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- Q3 revenue $71.1M (+7% YoY); net income $0.2M vs $5.4M; basic EPS loss $0.01.
- Adjusted EBITDA Q3 $16.5M vs $17.7M; nine-month $19.9M vs $33.0M; presentation changed by excluding 'RNG Pending Monetization'.
- RNG annual design capacity online now 5.2M MMBtu across 8 projects, tripled in two years; 4.4M MMBtu in construction.
- Closed $500M credit facility; signed JV with South Jersey Industries for two RNG projects.
- RNG Pending Monetization (unsold inventory) totals $33.5M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842279/000184227923000090/0001842279-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842279/000184227923000090/opal-20231113.htm
  HTML page:      https://secwatch.observer/filing/0001842279-23-000090

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