Wednesday, 14 May 2025
Home OPAL Fuels Completes Sale of IRA Investment Tax Credits for $8.9 Million

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OPAL Fuels Completes Sale of IRA Investment Tax Credits for $8.9 Million

WHITE PLAINS, N.Y.--(BUSINESS WIRE)---- $OPAL--OPAL Fuels Inc. (Nasdaq: OPAL), completed a sale of Inflation Reduction Act (IRA) investment tax credits for $8.9 million generated by the Sapphire RNG facility, a joint venture that is 50% owned by OPAL Fuels. Proceeds will contribute to the company’s net income and operating cash flow. “We’re excited to have completed our second IRA tax credit sale,” said Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels. “The IRA is an important piece of legislati...

Read the full news release here

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