OPAL Fuels Inc. Expands Renewable Natural Gas (RNG) Dispensing Network with Acquisition of Western Milling Fueling Station
White Plains, NY – OPAL Fuels Inc. (Nasdaq: OPAL), a leading provider of renewable natural gas (RNG) solutions, is proud to announce the acquisition of the Western Milling fueling station in Visalia, California. This strategic acquisition will allow OPAL to expand its RNG dispensing network and further support the growing demand for sustainable transportation fuels.
Expansion of OPAL’s RNG Dispensing Network
The Western Milling fueling station, located in the heart of California’s agricultural region, is a high-volume facility that serves a significant number of local shippers and transportation companies. With this acquisition, OPAL will upgrade the station to accommodate RNG and sell the fuel to OHK Transport, Western Milling’s transportation business, and other local shippers. The company anticipates supplying RNG to this station from its production facilities as well as third-party RNG suppliers.
Benefits for Local Communities and the Environment
The transition to RNG at the Western Milling fueling station will significantly reduce greenhouse gas emissions and contribute to cleaner air for the local community. RNG is a clean-burning fuel that is derived from organic waste sources, such as agricultural waste, landfills, and wastewater treatment plants. It is considered a carbon-neutral fuel when sourced from these sources.
Impact on Consumers and the Transportation Industry
For consumers and businesses in the transportation sector, the acquisition of the Western Milling fueling station means increased access to a sustainable fuel alternative. RNG offers significant environmental benefits, including a reduction in greenhouse gas emissions and improved air quality. Furthermore, RNG is compatible with existing natural gas infrastructure, making it an easy and cost-effective transition for fleets looking to reduce their carbon footprint.
Global Implications
The acquisition of the Western Milling fueling station is not only a significant step for OPAL and the local community, but also for the global transportation industry. As the world continues to grapple with the challenges of reducing greenhouse gas emissions and transitioning to sustainable energy sources, the adoption of RNG as a transportation fuel is becoming increasingly important. This acquisition demonstrates OPAL’s commitment to leading the way in the RNG market and helping to drive the global shift towards more sustainable transportation solutions.
Conclusion
OPAL Fuels Inc.’s acquisition of the Western Milling fueling station in Visalia, California, marks a significant expansion of the company’s RNG dispensing network. This strategic move will not only benefit OPAL and the local community by increasing access to a cleaner, more sustainable fuel alternative, but also contribute to the global effort to reduce greenhouse gas emissions and transition to more sustainable transportation solutions. With its commitment to innovation and leadership in the RNG market, OPAL is poised to continue driving the growth and adoption of this important fuel source.
- OPAL Fuels Inc. announces acquisition of Western Milling fueling station in Visalia, California
- Company to upgrade station to accommodate RNG and sell to local shippers and transportation businesses
- RNG is a clean-burning fuel derived from organic waste sources
- Increased access to a sustainable fuel alternative for consumers and businesses in the transportation sector
- Contributes to the global effort to reduce greenhouse gas emissions and transition to more sustainable transportation solutions
