05:33:59 EDT Tue 22 Oct 2024
Enter Symbol
or Name
USA
CA



GFL Environmental Inc
Symbol GFL
Shares Issued 364,758,759
Close 2024-10-04 C$ 55.17
Market Cap C$ 20,123,740,734
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GFL JV begins operations at Sampson RNG plant

2024-10-07 13:11 ET - News Release

Mr. Patrick Dovigi reports

GFL ENVIRONMENTAL AND OPAL FUELS BEGIN COMMERCIAL OPERATIONS OF THEIR SECOND RNG FACILITY

GFL Environmental Inc. and Opal Fuels Inc.'s joint venture, Paragon RNG, has commenced commercial operations of their new renewable natural gas (RNG) facility at the Sampson county landfill. The landfill, owned and operated by a subsidiary of GFL, is located in Roseboro, N.C. The plant is producing and injecting pipeline-quality RNG. EPA (U.S. Environmental Protection Agency) registrations have been filed for the project and the company expects a normal ramp-up period for the facility.

The project is part of the previously announced joint venture between the two companies to develop RNG facilities at landfills owned by GFL. Having completed construction of the facility, Opal Fuels will operate the facility and dispense the RNG as vehicle fuel for GFL's fleet and other transportation customers.

The Sampson RNG facility has a nameplate design capacity of approximately 1.6 million British thermal units (12.4 million gasoline gallons equivalent) per year of RNG. This RNG, when used as transportation fuel to displace diesel, will reduce fleet operating costs and avoid GHG (greenhouse gas) emissions equivalent to achieving zero Scope 1 and Scope 2 emissions from more than 900 heavy-duty trucks.

"We are excited to see another RNG facility come on line through our partnership with Opal Fuels," said Patrick Dovigi, founder and chief executive officer of GFL. "This facility at our Sampson landfill will play an important part in achieving our commitment to reduce our greenhouse gas emissions from landfills while providing an alternative fuel source that can power our trucks and help our customers achieve their own sustainability goals."

"Completing construction of the Sampson RNG facility, now Opal Fuel's 10th operational plant, marks another milestone in the growth of Opal Fuels," said Adam Comora, co-chief executive officer of Opal Fuels. "Our operating portfolio of facilities now has approximately 7.8 million British thermal units of annual nameplate design capacity, more than tripling over the past 30 months," continued Mr. Comora.

"This project also demonstrates our continued focus on expanding RNG production by working with best-in-class partners like GFL to bring more renewable fuel supply on line. These RNG projects, combined with our integrated downstream fuel station segment providing that fuel back to GFL fleet and other downstream customers, creates a win-win-win for our partners and the communities they serve," said Mr. Comora.

About GFL Environmental Inc.

GFL, headquartered in Vaughan, Ont., is the fourth-largest diversified environmental services company in North America, providing a comprehensive line of solid waste management, liquid waste management and soil remediation services through its platform of facilities throughout Canada and in more than half of the U.S. states. Across its organization, GFL has a work force of more than 20,000 employees.

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