Montauk Renewables, Inc. Ranked #1 in Sunday Times Top 100 Companies of 2022

PITTSBURGH, Nov. 17, 2022 (GLOBE NEWSWIRE) — Montauk Renewables, Inc. (NASDAQ: MNTK) (the “Company”), announced today the Company has earned the number one ranking in the Sunday Times Top 100 Companies of 2022 at an event held in Johannesburg, South Africa on November 10, 2022.

The Sunday Times Top 100 Companies is one of the most prestigious and highly anticipated events on the South African business calendar. The Sunday Times Top 100 Companies winners are determined by the highest returns for their shareholders over a five-year period with additional consideration given to compliance through good governance and ethical conduct. The Company completed its U.S. initial public offering on The Nasdaq Capital Market in January 2021, though Montauk retains its dual listed status on the Johannesburg Stock Exchange through which the Sunday Times determines qualifications.

About Montauk Renewables, Inc.

Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid (“Renewable Electricity”). The Company, headquartered in Pittsburgh, Pennsylvania, has more than 30 years of experience in the development, operation and management of landfill methane-fuelled renewable energy projects. The Company has current operations at 15 operating projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas. The Company sells RNG and Renewable Electricity, taking advantage of Environmental Attribute premiums available under federal and state policies that incentivize their use. For more information, visit https://ir.montaukrenewables.com