On Wednesday, OPAL Fuels LLC announced a contract with Contract Transport Services (CTS). Accordingly, this agreement consists of the sale of 15 million gasoline gallon equivalents (GGE) of RNG to TruStar Energy. Also, the contract includes the construction of the station and related infrastructure at CTS’s facility in Green Bay, Wisconsin.
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Reception
In this regard, Curt Reitz, President of Contract Transport Services, commented in a media release; “Right now, we have over 150 trucks running on public fuel. Thus, contracting with OPAL Fuels to internalize our fueling infrastructure, the new RNG fuel, and related infrastructure will save us time, money and significantly reduce our carbon emissions.”
Besides, “RNG is the best alternative fuel option on the market,” said Reitz. Therefore, “we are proud to say we can deliver our customers their products safely, efficiently and sustainably with OPAL Fuels.”
Similarly, Adam Comora, Co-Chief Executive Officer of OPAL Fuels, said; “CTS’s move to internalize their fueling infrastructure and fuel their trucks with RNG is a smart move. In fact, a move that will reduce their carbon emissions by 132,000 tons.”
Indeed, CTS began its mission to reduce its carbon footprint in 2013, aiming to transition to cleaner fuel with its first powered truck. Worth noting, today, CTS owns 103 CNG-powered trucks.
About OPAL Fuels’ partnerships to deliver RNG solutions
Accordingly, the company partnered with the US Environmental Protection Agency (EPA) as a SmartWay affiliate; particularly, to help reduce GHG emissions and improve fuel efficiency. Hence, as a result of its sustainability efforts, CTS won Wisconsin Clean Cities’ 2019 Forward Fleet Award; besides, it was named a Top Green Fleet of 2019 by Heavy Duty Trucking.
In fact, RNG is chemically identical to the natural gas people use to cook and heat their homes; however, there is one critical difference. Thus, it’s not a fossil fuel pumped from the ground.
Instead, RNG is the natural byproduct of landfills and animal waste, later captured and processed before it leaks into the atmosphere. Hence, by utilizing existing natural gas infrastructure, RNG can reach most of the US without additional expense, said Opal Fuels.
Accordingly, fleets that use RNG can reduce their total GHG by 99 to 149 percent compared to diesel. Additionally, RNG can also cost 40 to 70 percent less per gallon; therefore, providing an attractive rate of return on natural gas truck capital expenditures.
About the parties
Worth noting, OPAL Fuels LLC is a FORTISTAR portfolio company. Accordingly, it brings together FORTISTAR Methane Group, FORTISTAR RNG, and TruStar Energy to create a vertically integrated renewable fuels platform.
Indeed, OPAL is an emerging leader in producing and distributing renewable natural gas (RNG). Besides, the company captures harmful methane emissions and recycles the trapped energy into a low-cost alternative to diesel fuel.
On the other hand, Contract Transport Services is a Company established in 1985 and headquartered in Green Bay, WI. Accordingly, it provides dedicated and Midwest regional transportation services to many Midwest Fortune 500 companies.