{"schema_version":"secwatch.filing_event.v1","accession":"0001842279-24-000003","form_type":"8-K","ticker":"OPAL","cik":"0001842279","company_name":"OPAL Fuels Inc.","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.925582+00:00","generated_at":"2026-06-05T00:01:59.716164+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"OPAL Fuels JV Paragon RNG amends credit agreement; extends project completion to Dec 1, 2024","bullets":["DSR facility reclassified as $10M revolving loan facility with same terms.","Construction completion date for Emerald and Sapphire projects extended from June 30 to Dec 1, 2024.","DDTL facility reduced from $85M to ~$81M; no longer available for Emerald project costs.","Mandatory quarterly principal prepayments of $2M in 2024, plus additional targets up to $15M.","Amendment fee of $150,000 paid at closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001842279-24-000003","json":"https://secwatch.observer/filing/0001842279-24-000003.json","markdown":"https://secwatch.observer/filing/0001842279-24-000003.md","text":"https://secwatch.observer/filing/0001842279-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1842279/000184227924000003/0001842279-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1842279/000184227924000003/opal-20240305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:01:59.716164+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"62f4e93ce52635a5bc67bbc0924c074d0a5266ce","claim":"OPAL Fuels Inc. amended revolving credit of up to a maximum aggregate principal amount of $10.0 million with Bank of Montreal at substantially the same terms as the DSR Facility.","evidence_excerpt":"the Credit Agreement Amendment reclassifies the debt service reserve facility (the “DSR Facility”) under the Credit Agreement as a revolving loan facility of up to a maximum aggregate principal amount of $10.0 million (the “Revolving Loan Facility”) on substantially the same terms as the DSR Facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1842279/000184227924000003/0001842279-24-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to a maximum aggregate principal amount of $10.0 million"},{"label":"Counterparty","value":"Bank of Montreal"},{"label":"Rate","value":"substantially the same terms as the DSR Facility"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"951054abfde27b6655923308cae4a8585ebc8fea","claim":"OPAL Fuels Inc. amended credit facility of $2.0 million each on the last business day of each fiscal quarter in 2024, and to the extent funds are available on such.","evidence_excerpt":"The Credit Agreement Amendment and the Depositary Agreement Amendment together require prepayments of principal in the amount of $2.0 million each on the last business day of each fiscal quarter in 2024, and to the extent funds are available on such dates, additional prepayments in the amounts of $2.5 million, $6.0 million, $10.0 million and $15.0 million (each a “Target Aggregate Special Principal Prepayment Amount”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1842279/000184227924000003/0001842279-24-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$2.0 million each on the last business day of each fiscal quarter in 2024, and to the extent funds are available on such"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ba0fe10d2503c8e5aa270e3553b2f953736e3bb6","claim":"OPAL Fuels Inc. amended term loan of from a maximum aggregate principal amount of $85.0 million to approximately $81.0 million.","evidence_excerpt":"Availability under the Credit Agreement’s delayed term loan facility (the “DDTL Facility”) has been reduced from a maximum aggregate principal amount of $85.0 million to approximately $81.0 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1842279/000184227924000003/0001842279-24-000003-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"from a maximum aggregate principal amount of $85.0 million to approximately $81.0 million"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}