Strategic Initiatives Strategic Initiatives : Montauk Renewables is actively pursuing the development of new RNG facilities, including the Second Apex RNG Facility and the Bowerman RNG Project, with significant capital investments planned for these projects. The company is also exploring opportunities to convert existing Renewable Electricity Generation facilities to RNG production, which is expected to enhance revenue streams. Additionally, Montauk is expanding its digestion capacity to process increased feedstock and has entered into a collaboration with Emvolon to transform methane emissions into green methanol. Capital Management : The company has been managing its capital through a combination of cash flows from operations and borrowings under its revolving credit facility. As of December 31, 2024, Montauk had $56 million outstanding under its term loan and no borrowings under the revolving credit facility. The company has also engaged in treasury stock purchases, increasing its treasury stock holdings significantly.