SCHEDULE 13G/A: Invesco Ltd. Maintains Significant 7.1% Stake in OPAL Fuels Inc.

Invesco Ltd. has filed an amended Schedule 13G, reaffirming its beneficial ownership of 7.1% of OPAL Fuels Inc.'s common stock as of March 31, 2025.

Summary

• Invesco Ltd. reported beneficial ownership of 2,024,745 shares of OPAL Fuels Inc. common stock.
• This ownership represents 7.1% of the class of securities.
• Invesco Ltd. holds sole voting power and sole dispositive power over all 2,024,745 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a routine update to a previously disclosed passive investment.
• Invesco Capital Management LLC, a subsidiary of Invesco Ltd., advises the Invesco WilderHill Clean Energy ETF, which owns 7.12% of the security reported.

Sentiment

Score: 5

Explanation: The document is a factual, routine regulatory disclosure of beneficial ownership. It does not contain information that would inherently be considered positive or negative for the issuer's operational performance or financial health, nor does it signal a change in investment intent from passive.

Positives

• A major asset manager like Invesco Ltd. maintaining a significant 7.1% stake in OPAL Fuels Inc. can be viewed as a vote of confidence in the company's long-term prospects, even if the investment is passive.
• The investment is held through the Invesco WilderHill Clean Energy ETF, aligning OPAL Fuels with the growing clean energy sector.

Future Outlook

The document is a regulatory filing disclosing beneficial ownership and does not contain forward-looking statements or guidance from OPAL Fuels Inc. or Invesco Ltd. regarding future performance or investment strategy.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11." (Certification by Robert R. Leveille, Global Head of Compliance, Invesco Ltd.)

Industry Context

Invesco's continued significant stake in OPAL Fuels Inc., held partly through its Invesco WilderHill Clean Energy ETF, underscores OPAL Fuels' position within the clean energy and renewable natural gas (RNG) sector. This indicates that institutional investors view OPAL Fuels as a relevant player in the broader transition towards sustainable energy solutions.

Stakeholder Impact

• Shareholders: The continued significant stake by a major institutional investor like Invesco may provide a degree of confidence or stability regarding the company's ownership structure.

Key Dates

Keywords

OPAL Fuels Inc., Invesco Ltd., Schedule 13G, Beneficial Ownership, Common Stock, Investment, Clean Energy, ETF, Regulatory Filing