Did RNG Facility Launch Just Shift Casella Waste Systems (CWST) Investment Narrative?
Casella Waste Systems (CWST) announced the launch of Waga Energy's McKean Landfill RNG facility, the third site under their 2023 partnership. The facility processes landfill gas into renewable natural gas, with a potential output of 407,000 MMBtu annually. This project is expected to diversify cash flow and support ESG initiatives, but investors remain concerned about capital intensity and debt service. Analysts project earnings of US$83.7 million and revenue of US$2.4 billion by 2029, with an 1


