Montauk Renewables soars on higher gas prices
Revenue for the three months to end-September jumps 40% despite a slip in renewable natural gas output
10 November 2022 - 13:56
Montauk Renewables, which specialises in the management, recovery, and conversion of biogas into green energy, said revenue surged in it latest quarter on the back of higher gas prices even as output declined slightly.
Gross sales in the three months to end-September jumped 40.5% year on year to $55.9m, while the nine-month figure of $155.9m is 51.6% higher than the previous corresponding period...
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