Gunvor Group (“Gunvor”), one of the largest physical natural gas, LNG and commodities trading houses worldwide, has agreed to make an equity investment in a PIPE supporting a business combination between OPAL Fuels LLC (“OPAL Fuels”), and ArcLight Clean Transition Corp. II (Nasdaq: ACTD) (“ArcLight”).
Gunvor will supply cracker-ready feedstock derived from plastic waste to Dow in Europe beginning in 2021, which will be used to produce circular plastics for customers
