ArcLight Clean Transition Corp. II Shareholders Approve Previously Announced Business Combination With OPAL Fuels LLC

ArcLight (NASDAQ:ACTD) announced today that shareholders approved the previously proposed business combination with OPAL Fuels LLC (“OPAL Fuels”), a vertically integrated producer and distributor of renewable natural gas (“RNG”).

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The formal results of the vote will be included in a Current Report on Form 8-K to be filed by ArcLight with the U.S. Securities and Exchange Commission (the “SEC”).

The business combination is expected to close upon satisfaction of all closing conditions. The combined entity will be renamed OPAL Fuels Inc. and its Class A ordinary shares will trade on the Nasdaq under the ticker symbol “OPAL” and its warrants will trade on the Nasdaq under the ticker symbol “OPALW”.