Montauk Renewables, Inc. is a U.S.-based renewable energy company focused on the management, recovery, and conversion of biogas into Renewable Natural Gas (RNG) and renewable electricity. The company's business model centers on capturing methane from landfills, livestock farms, and other non-fossil fuel sources, preventing it from being released into the atmosphere, and processing it into valuable energy products. Montauk operates through two primary segments: Renewable Natural Gas and Renewable Electricity Generation. The RNG segment is the company's core driver, accounting for over 80% of total revenues, as the company refines biogas into pipeline-quality natural gas that is predominantly sold as a transportation fuel. The Renewable Electricity segment generates power at biogas-to-electricity plants for sale to the electrical grid.
Montauk generates revenue not only from the direct sale of RNG and electricity but also from the monetization of Environmental Attributes, such as Renewable Identification Numbers (RINs) under the U.S. Renewable Fuel Standard. The company operates over a dozen projects across states including California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, South Carolina, and Texas. By securing long-term fuel supply agreements with site hosts, Montauk ensures a steady feedstock of biogas, positioning itself as one of the largest producers of RNG in the United States.
