OPAL Fuels LLC Announces John Coghlin, Former General Counsel at Citizens Financial Group and Colt Defense, Will Serve as Company’s New General Counsel
WHITE PLAINS, N.Y.–(BUSINESS WIRE)–OPAL Fuels LLC, the market leader in developing and marketing renewable natural gas (RNG) fuel, today announced that John Coghlin, who last served as general counsel at Colt Defense, will serve as Opal Fuels’ general counsel. Coghlin, whose career has also included serving as general counsel at HealthCor Group and Citizens Financial Group, specializes in corporate law, corporate finance, negotiations, mergers and acquisitions, governance, and regulatory compliance.
“John is the sort of diligent problem-solver that will help OPAL Fuels achieve their significant growth plans,” said Jon Maurer, Co-CEO of OPAL Fuels LLC. “He is a tested general counsel who has worked in some of the most heavily-regulated industries in the country and has proven, time and again, that he can empower companies to achieve what they are best at. In OPAL Fuels’ case, that means John will provide us the support to help produce low-cost fuel that limits emissions and saves the planet. We are thrilled he is joining us.”
At Colt Defense, Coghlin had a string of successes, including negotiating a $225 million senior secured financing deal; structuring and negotiating $500 million in commercial agreements; and overseeing the complete range of SEC reporting, monitoring, and governance.
Coghlin had similar successes at both HealthCor Group and Citizens Financial Group. At HealthCor, an investment advisor with over $3 billion in assets under management, Coghlin designed and implemented a comprehensive compliance infrastructure to meet SEC requirements and negotiated terms for over $400 million in new products. At Citizens Financial Group, he oversaw legal, operational, and regulatory risk management for one of the top ten U.S. retail banks.
“I am excited to be a part of what OPAL Fuels is building,” said Coghlin. “It is rare that a business provides so many win-win opportunities. OPAL Fuels is truly valuable for all of its constituencies. It saves fleets money, limits emissions, and gives dairy farmers and landfills vital new revenue streams. I am honored that I will have the opportunity to support and provide legal guidance to this growing company.”
About OPAL Fuels LLC
OPAL Fuels LLC, a FORTISTAR portfolio company, brings together FORTISTAR Methane Group, FORTISTAR RNG, and TruStar Energy to create a vertically integrated renewable fuels platform. It is an emerging leader in the production and distribution of renewable natural gas (RNG), a proven low carbon fuel with a decades-long track record of results that has the power to rapidly decarbonize the transportation industry. OPAL Fuels captures harmful methane emissions at the source and recycles the trapped energy into a commercially viable, low-cost alternative to diesel fuel. As a vertically integrated producer and distributor of RNG for heavy-duty truck fleets for over 20 years, OPAL Fuels delivers best-in-class, complete renewable solutions to customers and production partners. To learn more about OPAL Fuels and how it is leading the effort to decarbonize North America’s transportation industry, please visit www.opalfuels.com and follow the company on LinkedIn and Twitter at @OPALFuels.