Montauk Renewables Outlines 2025 RNG Revenue Targets amid EPA Regulatory Impacts
CEO Sean McClain highlighted that the Environmental Protection Agency's (EPA) delay of the 2024 Renewable Fuel Standard (RFS) compliance deadline has affected the renewable natural gas (RNG) industry. However, Montauk has zero exposure to the 2024 compliance waiver due to prior sales of all 2024 D3 RINs.
The company has committed to transferring most of its RINs inventory from 2025 RNG production at prices approximating the D3 RIN Index.