Montauk Renewables, Inc. Provides RNG Revenue and Production Guidance for the Year 2022
May 10, 2022 at 06:00 am EDT
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Montauk Renewables, Inc. provided RNG revenue and production guidance for the year 2022. For the period, the company expects renewable natural gas revenues expected to range between $181.0 and $226.0 million.
Renewable natural gas production volumes expected to range between 5.5 and 6.7 million MMBtu. Renewable Electricity revenues expected to range between $17.0 and $20.0 million. Renewable Electricity production volumes expected to range between 188,000 and 230,000 MWh.
Montauk Renewables, Inc. is a renewable energy company, which is engaged in specializing in the management, recovery and conversion of biogas into Renewable Natural Gas (RNG). The Company's segments include Renewable Natural Gas and Renewable Electricity Generation. The Companyâs Renewable Natural Gas segment includes the production of RNG. The Renewable Electricity Generation segment includes generation of electricity at biogas-to-electricity plants. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid. The Company is engaged in the development, operation and management of landfill methane-fueled renewable energy projects. The Company has operations at approximately 15 operating projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas.
MONTAUK RENEWABLES, INC. 
