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    Alexis KaniaMarathon Capital

    Alex Kania is a Managing Director and Lead Analyst at Marathon Capital, spearheading the newly established Equity Research Group with a specialization in the global energy transition and the clean economy. At Marathon Capital, he focuses on providing research and insights for clients in the utilities and clean energy sectors, though specific company coverage and performance metrics have not been publicly disclosed. Kania joined Marathon Capital in November 2023 following over twenty years of equity research experience, most recently with Wolfe Research, where he covered notable utilities and spearheaded high-impact research initiatives. He is recognized for his extensive expertise and leadership in traditional utilities and emerging clean energy, and he holds established industry credentials, though specific licenses and rankings are not listed.

    Alexis Kania's questions to Opal Fuels Inc (OPAL) leadership

    Alexis Kania's questions to Opal Fuels Inc (OPAL) leadership • Q3 2024

    Question

    Alexis Kania of Marathon Capital asked about the evolving voluntary carbon markets and the potential for long-term deals with hyperscalers to decarbonize their natural gas streams. He also requested further details on the RNG export opportunity in Europe.

    Answer

    Co-CEO Adam Comora explained that while the transportation fuel market remains the highest-value offtake for RNG molecules, the company is monitoring opportunities in renewable power for data centers, particularly through the eRIN policy which could be financially attractive. Regarding Europe, Comora noted that regulatory changes are creating a temporary pause in the export market. However, OPAL Fuels is working with European regulators to reopen these pathways, viewing it as a potentially attractive compliance market in the medium term.

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