OPAL Fuels (NASDAQ:OPAL) is a North American producer and distributor of liquefied natural gas (LNG) and renewable natural gas (RNG) for heavy-duty transportation markets. Established in 2015 as a joint venture between Clean Energy Fuels Corp. and NextEra Energy Resources, OPAL Fuels is headquartered in Newport Beach, California. The company operates a portfolio of liquefaction facilities and fueling stations designed to serve trucking fleets seeking lower-emission fuel alternatives.
The company’s core activities include the development, construction, and operation of RNG liquefaction plants that convert biogas from dairy, landfill, and other organic waste sources into LNG and RNG. OPAL Fuels’ flagship Colton, California facility was one of the first large-scale renewable LNG plants in North America, and its growing network of terminals enables the production and distribution of carbon-negative fuel to customers across key transportation corridors.
In addition to its own liquefaction terminals, OPAL Fuels partners with private and public fleets to install on-site fueling infrastructure, offering turnkey solutions that integrate fuel supply contracts, station design, and ongoing support services. Through strategic agreements with dairy farms and waste management operations, the company secures feedstock while helping partners achieve sustainability goals and regulatory compliance.
OPAL Fuels is governed by an executive team comprised of energy industry veterans from its parent companies, leveraging expertise in natural gas operations, renewable energy, and infrastructure development. With a focus on expanding its U.S. footprint and advancing decarbonization initiatives, the company continues to invest in new liquefaction capacity and fueling networks to meet growing demand for low- and negative-carbon transportation fuels.
