Revenue Growth
Total revenues in the second quarter of 2025 were $45.1 million, an increase of $1.8 million or 4.1% compared to the second quarter of 2024.
Joint Venture Formation
Montauk formed a joint venture, GreenWave Energy Partners, with Pioneer Renewables Energy Marketing to address the limited capacity of RNG utilization for transportation.
Successful RNG Facility Expansion
Successfully completed the construction and commissioning of a second RNG processing facility at the Apex landfill, providing an additional 2,100 MMBtu per day of production capacity.
Biogenic CO2 Contract
Signed a contract for the annual delivery of 140,000 tons per year of biogenic carbon dioxide to EE North America, with expected revenues ranging between $170 million to $201 million over 15 years.
Renewable Electricity PPA
Executed a power purchase agreement for the expected power to be produced from the first phase of electric production in North Carolina, with an average price of $48 per megawatt hour.