secwatch.observer — SEC 8-K summary
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Issuer:     OPAL Fuels Inc. (OPAL)
CIK:        0001842279
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0001842279-25-000053
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPAL Fuels subsidiary sells $9.8M tax credits to Apollo for $8.0M net
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- OPAL Paragon LLC entered a Tax Credit Purchase Agreement with Apollo to sell $9.8M of investment tax credits generated by Paragon RNG for $8.0M.
- The tax credits arise from the Sapphire RNG landfill project in Sampson County, North Carolina with ~6,000 scfm capacity.
- OPAL Fuels guarantees its subsidiary's obligations under the agreement, including potential return of proceeds if credits are disallowed.
- If tax credits are recaptured or disallowed, OPAL must refund the purchase price and cover taxes, interest, and penalties.
- Transaction closed on March 28, 2025; full agreement and guaranty filed as exhibits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842279/000184227925000053/0001842279-25-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842279/000184227925000053/opal-20250328.htm
  HTML page:      https://secwatch.observer/filing/0001842279-25-000053

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