OPAL Fuels went public via a SPAC merger with ArcLight Clean Transition II in a $1.75bn deal.

OPAL Fuels, a producer and distributor of renewable natural gas, went public via a SPAC merger with ArcLight Clean Transition II in a $1.75bn deal. PIPE investors include NextEra Energy, Electron Capital Partners, Gunvor Group, Wellington Management, Adage Capital Management and ArcLight. “We are incredibly proud to complete this transaction and become a public company. This transformative step enables the next phase of growth at OPAL Fuels, and we look forward to our continued partnership with the ArcLight team and delivering value to all of our stakeholders," Adam Comora, OPAL Co-CEO.