Joins national coalition advancing renewable natural gas and low-carbon fuels at a pivotal time for the transportation sector

OPAL Fuels (NASDAQ:OPAL), a vertically integrated and nationwide leader in the production and distribution of renewable and compressed natural gas (RNG and CNG) used as a transportation fuel for heavy duty trucking, today announced that Jared Stedl, Chief Commercial Officer of Fuel Station Services has been elected to the Board of Directors of The Transport Project, a leading organization dedicated to advancing the decarbonization of North America’s transportation sector. Representing nearly 200 fleets, vehicles and engine manufacturers, suppliers, fuel producers, and other stakeholders, The Transport Project serves as the national voice advocating for the growth and deployment of renewable and low-carbon transportation fuels.

"I’m excited to join the board of The Transport Project at a critical time for our industry," said Jared Stedl, Chief Commercial Officer for Fuel Station Services at OPAL Fuels. "As more fleets turn to RNG and CNG to reduce emissions while meeting operational and economic objectives, organizations like The Transport Project play an important role in advancing education and industry collaboration. I look forward to working with fellow board members to accelerate adoption and help ensure our industry continues to build on that momentum."

"Jared is joining our board at a moment when this industry is moving from proving the case to demonstrating that it can scale," said Dan Gage, President of The Transport Project. "As adoption continues to grow, the industry needs leaders who understand both fleet operations and fuel infrastructure. Jared's experience working across transportation, logistics, and alternative fuels will be a valuable addition to our board."

Stedl leads OPAL Fuels’ commercial organization, overseeing sales, customer strategy, business development, and market growth initiatives. He works closely with the company’s leadership team to expand market adoption and advance OPAL Fuels’ growth strategy. He brings more than two decades of experience across transportation, logistics, commercial leadership, and alternative fuels. Prior to joining OPAL Fuels, Stedl held several leadership positions across the transportation and alternative fuels sectors, including Chief Commercial Officer at Paper Transport, senior leadership roles at Schneider, and business development positions at Trillium CNG. With decades of experience serving fleets and fueling infrastructure customers, Stedl is well positioned to help drive The Transport Project's work advancing cleaner, lower-carbon transportation solutions.

About OPAL Fuels

OPAL Fuels (NASDAQ:OPAL) is a leader in the capture and conversion of biogas into low carbon intensity RNG and renewable electricity. OPAL Fuels is also a leader in the marketing and distribution of RNG to heavy duty trucking and other hard to decarbonize industrial sectors. For additional information, and to learn more about OPAL Fuels and how it is leading the effort to capture North America’s harmful methane emissions and decarbonize the economy, please visit www.opalfuels.com.

About The Transport Project

The Transport Project is a national coalition of roughly 200 fleets, vehicle and engine manufacturers and dealers, servicers and suppliers, and fuel producers and providers dedicated to the decarbonization of North America’s transportation sector. Through the increased use of gaseous motor fuels including renewable natural gas and hydrogen, the United States and Canada can help achieve ambitious climate goals and greatly improve air quality safely, reliably, and effectively without delay and without compromising existing commercial business operations. Find out more at: transportproject.org.

Forward-Looking Statements

Certain statements in this communication may be considered forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and generally relate to future events or OPAL Fuels’ (the "Company’s") future financial or other performance metrics. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "target," "plan," "expect," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, as the case may be, are inherently uncertain and subject to material change. Factors that may cause actual results to differ materially from current expectations include various factors beyond management’s control, including, but not limited to, general economic conditions and other risks, uncertainties and factors set forth in the sections entitled "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q, and other filings it makes with the Securities and Exchange Commission. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Except as required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based.

Disclaimer

This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

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Investors

Todd Firestone

Vice President, Investor Relations and Corporate Development

(914) 705-4001

investors@opalfuels.com

Media

Harrison Feuer

Senior Director, Communications and Public Policy

(914) 721-3723

hfeuer@opalfuels.com