OPAL

OPAL Fuels Appoints Scott Contino Interim Chief Financial Officer

Retrieved on: 
Thursday, October 12, 2023
Trucking, Other Energy, Transport, Utilities, Oil, Gas, Alternative Energy, Energy, Agriculture, Natural Resources, MBA, INSEAD, Treasury, Insurance, Electricity, OPAL, Natural gas, Georgetown University, Opal (fuel), CFO, Management

OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas and renewable electricity (the “Company”), today announced that Ann Anthony has notified the Company of her intention to resign as the Company’s Chief Financial Officer (“CFO”) to pursue another professional opportunity, and that Scott Contino, CFO of the Company’s sponsor, Fortistar, has been appointed as interim CFO.

Key Points: 
  • OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas and renewable electricity (the “Company”), today announced that Ann Anthony has notified the Company of her intention to resign as the Company’s Chief Financial Officer (“CFO”) to pursue another professional opportunity, and that Scott Contino, CFO of the Company’s sponsor, Fortistar, has been appointed as interim CFO.
  • Mr. Contino has been part of the OPAL Fuels business since inception, and previously served as the CFO of its predecessor parent company.
  • Adam Comora, Co-Chief Executive Officer of OPAL Fuels, said, “We are proud of all that we have accomplished during Ann’s tenure - she was a key component of OPAL Fuels becoming a public company, raising capital, and executing on our growth plan.
  • We wish her well in her new endeavors with an earlier stage growth company.”
    Mr. Comora continued, “We are pleased to appoint Scott as interim CFO.

The Region's Most Innovative Products, Brands and Suppliers Return to Hong Kong at Cosmoprof Asia 2023, APAC's Leading Beauty Show

Retrieved on: 
Monday, October 16, 2023
Cathay Pacific, Lakmé Cosmetics, Organization, Ingredient, Exhibition, OPAL, Creativity, Nature, ODM, AsiaWorld–Expo, Kline, Learning, Cosmetics, Research, Cedric's Barber Battle, Convention center, Award, OEM, HKTB, Machine, CosmoProf, Partnership, Multimedia, Forecasting, Beauty, Travel, Beauty salon, SGS, Hong Kong Tourism Board, Ecovia Intelligence, Hair, Print, Euromonitor International, Film industry, Marketing, Tourism, Parlux

HONG KONG, Oct. 15, 2023 /PRNewswire/ -- Cosmoprof Asia 2023 is coming back to Hong Kong!

Key Points: 
  • HONG KONG, Oct. 15, 2023 /PRNewswire/ -- Cosmoprof Asia 2023 is coming back to Hong Kong!
  • After the successful special edition in Singapore, Cosmoprof Asia 2023's Hong Kong edition will welcome more than 2,000 exhibitors from 43 countries and regions and around 60,000 attendees.
  • Finished product brands exhibiting in Cosmoprof Asia represent 57% of the total exhibitors, while 43% of all exhibitors are showcasing in Cosmopack Asia.
  • For Cosmoprof Asia, sectors represented are Beauty Salon, Perfumery and Cosmetics, Hair and Nail Products & Accessories, as well as Natural & Organic.

Observe Inc. Unveils Hubble - The Only Observability Platform to Deliver Real-Time Insights at Petabyte-Per-Day Scale

Retrieved on: 
Thursday, October 5, 2023
MTTR, PostgreSQL, Regular expression, Observability, CSV, Threat intelligence, Software as a service, TB, CLI, Running, OpenAI, Telemetry, ACV, Public, OPAL, Workflow, Business intelligence, Hubble Space Telescope, Command-line interface, API, Sutter Hill Ventures, Nouvelle AI, MySQL, Exploration, Cryptocurrency, Mobile phone, Rare-earth element, Series, Prometheus, Snowflake, Observation

SAN MATEO, Calif., Oct. 5, 2023 /PRNewswire/ -- Observe, Inc. the SaaS observability company reinventing the way machine-generated data is stored, managed and analyzed, today announced Hubble, its biggest and most innovative product release to date. Hubble improves user productivity with a completely revamped Explorer interface, which includes numerous generative AI features, facilitating product help, coding, RegEx generation, incident workflow and more. Also announced today is $50 million in Series A3 financing led by Sutter Hill Ventures, bringing total funding raised to date to $164.5 million.

Key Points: 
  • Legacy observability and monitoring tools were not designed for these data volumes, or the complexity required to investigate unknown problems in production.
  • As a result, businesses are seeing legacy tool costs spiral out of control and mean-time-to-resolution (MTTR) rise.
  • Hubble allows users to discover things they could never see before at a scale previously thought impossible.
  • Observe enables users to be up and running in minutes via Observe Apps - pre-built packages of content containing Observe's opinion on how to observe specific environments.

South Jersey Industries and OPAL Fuels Announce the Signing of Renewable Natural Gas Joint Venture

Retrieved on: 
Thursday, September 21, 2023
Trucking, Other Energy, Transport, Utilities, Oil, Gas, Alternative Energy, Energy, Agriculture, Natural Resources, Atlantic County, New Jersey, ACUA, Way, British thermal unit, Gasoline, RNG, Multimedia, Sale, Opal (fuel), Atlantic County Utilities Authority, Egg Harbor Township, New Jersey, Natural gas, GGE, Methane, ESG, SJI, SCFM, Atlantic Ocean, OPAL

South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities.

Key Points: 
  • South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities.
  • The first facility (the “Atlantic RNG facility”) will be at the Atlantic County Utilities Authority (ACUA) solid waste landfill in Egg Harbor Township, New Jersey.
  • View the full release here: https://www.businesswire.com/news/home/20230921601322/en/
    “This project is consistent with our comprehensive clean energy plan, Leading the Way,” said Mike Renna, President & CEO, South Jersey Industries.
  • The new Atlantic RNG facility will replace a previously decommissioned power plant and the RNG will be injected into the South Jersey Gas network, an SJI subsidiary, making this project the first of its kind in the gas company’s natural gas distribution system.

OPAL Fuels Announces New $500 Million Credit Facility

Retrieved on: 
Tuesday, September 5, 2023
Trucking, Other Energy, Transport, Utilities, Oil, Gas, Alternative Energy, Energy, Agriculture, Natural Resources, Opal (fuel), Line of credit, Electricity, Growth, Bank, OPAL, RNG, Syndication, Natural gas, Renewable energy

OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced today the closing of a new $500 million senior secured credit facility (the “Credit Facility”).

Key Points: 
  • OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced today the closing of a new $500 million senior secured credit facility (the “Credit Facility”).
  • The Credit Facility consolidates certain existing indebtedness and provides approximately $300 million in availability, which is anticipated to be used principally for development and construction of renewable energy projects.
  • “The closing of this Credit Facility provides OPAL Fuels significant liquidity and financial flexibility to fund our strategic growth initiatives,” said Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels.
  • “This facility further supports growth through the funding of the next phase of our Advanced Development Pipeline.

GIFS researcher supports international team effort to sequence earliest domesticated wheat genome

Retrieved on: 
Wednesday, August 30, 2023
Food security, Biotechnology, University, European Research Council, Genetics, Breeding, Disease resistance, University of Saskatchewan academics, Whole wheat bread, Research, Genomics, Doctor of Philosophy, The Global Institute for Tomorrow, Biology, Wheat, Knowledge, Gene, King Abdullah University of Science and Technology, Consejo Nacional de Ciencia y Tecnología (Mexico), OPAL, Cereal, Agriculture, Nature

More than two dozen scientists have contributed to a project that that has sequenced and characterized genomes of wild and domesticated einkorn, the world’s first domesticated wheat species.

Key Points: 
  • More than two dozen scientists have contributed to a project that that has sequenced and characterized genomes of wild and domesticated einkorn, the world’s first domesticated wheat species.
  • “Though significant advances have been made in wheat species genomics, the species Triticum monococum (einkorn), representing the earliest domesticated wheat, was not defined yet,” said Datla.
  • “The insights gained from genome sequencing wild and domesticated accessions allow us to reconstruct the origin and evolution of einkorn,” said Datla.
  • In 2020, a team, led by USask’s Dr. Curtis Pozniak (PhD), sequenced the genomes for 15 different wheat varieties.

OPAL Fuels and New River Solid Waste Association Renewable Natural Gas Facility Named Project of the Year by ASCE Florida Section

Retrieved on: 
Thursday, August 24, 2023
Utilities, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Climate Change, PE, Peoples Energy, Florida Gas Transmission, Silent Scope 2, Electricity, RNG, GHG, Opal (fuel), Climate change, ASCE, Engineering, Natural gas, Project, Methane, Transport, Society, OPAL, American Society of Civil Engineers

OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced its New River RNG facility, which was created through a close working relationship with New River Solid Waste Association (NRSWA), has been named Project of the Year by the American Society of Civil Engineers (ASCE), Florida Section.

Key Points: 
  • OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced its New River RNG facility, which was created through a close working relationship with New River Solid Waste Association (NRSWA), has been named Project of the Year by the American Society of Civil Engineers (ASCE), Florida Section.
  • The facility is located at the NRSWA municipal solid waste landfill in Raiford, Florida.
  • Developing, constructing, and bringing this facility online was a tremendous cooperative effort and we thank the New River Solid Waste Association, Peoples Gas, and the entire team that made Florida’s first landfill gas to RNG project a reality.”
    “This renewable natural gas project is a commitment to innovation and contribution to waste conversion and energy recovery,” said Tzufit Boyle, PE, F.ASCE, President, ASCE Florida Section.
  • “This project is the first in Florida to convert landfill gas into pipeline-quality renewable natural gas.

OPAL Fuels Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Energy, Utilities, Oil, Gas, ADP, Policy, 1 rin coin, Electricity, British thermal unit, GGE, Propulsion Cryogenics & Advanced Development, RNG, GAAP, LCFS, Opal (fuel), Ratio, Sale, Certification, EPA, William, Prince of Wales, EBITDA, Erin, Inflation Reduction Act of 2022, Natural gas, Prince, Biophysical environment, Transport, Polk, Renewable Fuel Standard (United States), OPAL, Gasoline, Renewable energy, Security (finance), Rare-earth element, Sapphire, Adjustment

OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three and six months ended June 30, 2023.

Key Points: 
  • OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three and six months ended June 30, 2023.
  • “Our second quarter results benefited from higher RIN prices and improved Adjusted EBITDA margins in our Fuel Station Services segment.
  • The Polk County landfill RNG project, owned 100% by OPAL Fuels, started construction in June 2023 and we anticipate commercial operations beginning in the fourth quarter of 2024.
  • We remain on track to place at least 2.0 million MMBtu of RNG projects (representing OPAL Fuels’ proportional ownership) into construction in 2023.

OPAL Fuels Announces Second Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Wednesday, July 19, 2023
Trucking, EV, Electric Vehicles, Automotive, Other Energy, Transport, Utilities, Oil, Gas, Alternative Energy, Energy, Electricity, OPAL, RNG, Natural gas, Rare-earth element, Gasoline

OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the second quarter ended June 30, 2023, after market close on Wednesday, August 9, 2023.

Key Points: 
  • OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced that it will release its earnings results for the second quarter ended June 30, 2023, after market close on Wednesday, August 9, 2023.
  • A conference call will take place on Thursday, August 10, 2023, at 11:00 a.m. Eastern Time.

OPAL Fuels Announces Appointment of Jim Martell to its Board of Directors

Retrieved on: 
Wednesday, July 12, 2023
Utilities, Oil, Gas, Alternative Energy, Energy, Alternative Vehicles, Fuels, Automotive, Trucking, Transport, DHL International Aviation ME, FedEx, DHL, RNG, Audit committee, XPO, Inc., Natural gas, UPS, OPAL, Gasoline

OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced that Jim Martell has been appointed to serve on its Board of Directors and Audit Committee, effective June 28, 2023.

Key Points: 
  • OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced that Jim Martell has been appointed to serve on its Board of Directors and Audit Committee, effective June 28, 2023.
  • “Jim is an accomplished transportation industry leader whose broad skillset and talents will help us drive greater impact as we continue to expand RNG production and supply heavy duty transportation fleets with a fuel source that’s cleaner than fossil fuels at no additional cost,” said Mark Comora, Chairman of OPAL Fuels’ Board of Directors.
  • Jim served on the XPO Board until 2016.
  • Jim joined Express-1 after serving as Chief Executive Officer of SmartMail, which was acquired by DHL International GmbH, from 1999 to 2006.