If someone asks you about the process of going public or company fundamentals, the best response is to say, I cannot comment. If pushed further, you can say something like, I cant speak to that,
but I would be happy to connect you with the appropriate team members, and share the request with Jason Stewart, Senior Director of Marketing and PR at jstewart@opalfuels.com.
Should you receive any press inquiries, please forward details of the inquiry to Jason Stewart, Senior Director of Marketing and PR at jstewart@opalfuels.com,
who can help handle media requests appropriately during this sensitive time. Understanding that communications are highly regulated through this process, please know that we will continue to share updates with you as we have more to report.
It is an exciting time for all of us at FORTISTAR and OPAL Fuels and we want to take this moment to thank you all for your continued hard work and dedication
to our company. We look forward to keeping you apprised of our progress throughout this process.
Forward-Looking Statements
Certain statements in this communication may be considered forward-looking statements. Forward- looking statements are statements that are not historical facts
and generally relate to future events or ArcLights or the Companys future financial or other performance metrics. In some cases, you can identify forward-looking statements by terminology such as believe, may,
will, potentially, estimate, continue, anticipate, intend, could, would, project, target, plan, expect,
or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements, including the identification of a target business and a potential business combination or other such transaction are subject to risks and
uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and
uncertainties. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by ArcLight and its management, and the Company and its management, as the case may be, are inherently uncertain and subject
to material change. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, various factors beyond managements control, including general economic conditions and other risks,
uncertainties and factors set forth in the section entitled Risk Factors and Cautionary Note Regarding Forward-Looking Statements in ArcLights final prospectus relating to its initial public offering, dated
September 22, 2020, and other filings with the Securities and Exchange Commission (SEC), including the registration statement on Form S-4 to be filed by ArcLight in connection with the transaction, as
well as (1) the inability to complete the proposed transaction; (2) factors associated with companies, such as the Company, that are engaged in the production and integration of renewable natural gas (RNG), including anticipated trends,
growth rates, and challenges in those businesses and in the markets in which they operate; (3) macroeconomic conditions related to the global COVID-19 pandemic; (4) the effects of increased
competition; (5) contractual arrangements with, and the cooperation of, landfill and livestock waste site owners and operators, on which the Company operates its landfill gas and livestock waste projects that generate electricity and RNG prices
for environmental attributes, low carbon fuel standard credits and other incentives; (6) the ability to identify, acquire, develop and operate renewable projects and RNG fueling stations; (7) the failure to realize the anticipated benefits
of the proposed transaction, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain key employees;
(8) delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals or complete regulatory reviews required to complete the proposed transaction; (9) the outcome of any legal proceedings that
may be instituted in connection with the proposed transaction; (10) the amount of redemption requests made by ArcLights public shareholders; and (11) the ability of the combined company
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