OPAL Fuels closes $180 million preferred stock facility with Fortistar

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OPAL Fuels Announces Closing of $180 Million Preferred Stock Facility

March 9, 2026 4:15 PM EDT

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- OPAL Fuels (Nasdaq: OPAL) announced that it has closed a new $180 million preferred stock facility with an affiliate of its majority shareholder, Fortistar. At closing, $120 million was issued from the facility, of which approximately $100 million was used to fully redeem the Series A Preferred Units previously owned by Mendocino... More