Montauk Projects 2026 RNG Revenue of $175M-$190M as Turkey, NC Syngas Production Begins
Montauk Ag Renewables expects to generate $175 million to $190 million in RNG revenue for 2026. The commissioning of the Turkey, North Carolina project has been completed, with syngas production now underway, and renewable electricity sales expected to begin in May 2026.
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Montauk Ag Renewables has begun syngas production in Turkey, North Carolina, with renewable electricity revenues anticipated to start in May 2026, following a delay due to sales meter calibration. The company is shifting to a merchant sale strategy for RINs after the expiration of its fixed-price contract, which may lead to increased revenue volatility and impact margins due to fluctuating prices. Successful feedstock collection and equipment installation are crucial for ramping production, while profitability is closely tied to the variability of environmental attribute prices and the execution of new offtake contracts.
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