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OPAL Fuels Acquires Public Fueling Station in Visalia, California

1. OPAL Fuels acquired Western Milling station in Visalia, CA to expand its RNG network. 2. Planned upgrades aim to boost RNG supply through in-house and third-party production.

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$2.7702/26 03:01 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition strategically expands OPAL's RNG dispensing network, likely increasing market share and revenue. Historical examples show that well-executed network expansions have driven positive stock responses.

How important is it?

The deal is significant for OPAL’s strategic growth in RNG, though the immediate financial impact may be moderate until upgrades and supply chain optimizations materialize.

Why Long Term?

The investment in station upgrades and infrastructure points to sustained revenue benefits over time rather than a transient market bump.

Related Companies

WHITE PLAINS, N.Y.--(BUSINESS WIRE)---- $OPAL--OPAL Fuels Inc. (Nasdaq: OPAL) announced today the acquisition of the Western Milling fueling station in Visalia, California. OPAL will upgrade the station and sell to Western Milling's transportation business, OHK Transport, and other local shippers. OPAL anticipates supplying RNG to this high-volume station from its production facilities as well as third party RNG suppliers. “Acquisition of this station expands OPAL's RNG dispensing network to meet the gro.

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