Opal fuels announces new $500 million credit facility

White plains, n.y.--(business wire)---- $opal--opal fuels inc. (nasdaq: opal), a vertically integrated producer and distributor of renewable natural gas (rng) and renewable electricity, announced today the closing of a new $500 million senior secured credit facility (the “credit facility”). the credit facility consolidates certain existing indebtedness and provides approximately $300 million in availability, which is anticipated to be used principally for development and construction of renewable energy.
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