Montauk Renewables
General Information | |
Business: |
We are a renewable energy company specializing in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement to fossil fuels. We develop, own, and operate RNG projects, using proven technologies that supply renewable fuel into the transportation and electrical power sectors. Having participated in the industry for over 30 years, we are one of the largest U.S. producers of RNG. We established our operating portfolio of 12 RNG and three Renewable Electricity projects through self-development, partnerships, and acquisitions that span six states and have grown our revenues from $34.0 million in 2014 to $107.4 million in 2019. (Note: Montauk Renewables priced fewer shares – 3,047,015 shares – down from 3.9 million shares in the prospectus – at $8.50, above the $7-to-$8 range, to raise $25.9 million.) |
Industry: | GAS & OTHER SERVICES COMBINED |
Employees: | 118 |
Founded: | 2020 |
Contact Information | |
Address | 680 Andersen Drive, 5th Floor, Pittsburgh, PA 15220, US |
Phone Number | (412) 747-8700 |
Web Address | http://www.montaukenergy.com |
View Prospectus: | Montauk Renewables |
Financial Information | |
Market Cap | $1054.95mil |
Revenues | $99.2 mil (last 12 months) |
Net Income | $2.5 mil (last 12 months) |
IPO Profile | |
Symbol | MNTK |
Exchange | NASDAQ |
Shares (millions): | 3.0 |
Price range | $8.50 - $8.50 |
Est. $ Volume | $25.9 mil |
Manager / Joint Managers | Roth Capital Partners |
CO-Managers | - |
Expected To Trade: | 1/22/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |