FINWIRES

Opal (OPAL) Fuels extended its Miramar Landfill gas rights for five years, supporting about 400,000 megawatt-hours of renewable electricity, the company said Wednesday.OPAL Fuels expects the facility to generate about 400,000 MWh of local renewable electricity during the extension, enough to power more than 6,000 US homes annually.The project captures landfill methane and converts it into local renewable power for San Diego and Marine Corps Air Station Miramar, supporting energy security and operations, said Jonathan Maurer, Co-Chief Executive Officer at Opal Fuels.The company has converted Miramar landfill gas into electricity since 1998, capturing methane that would otherwise enter the atmosphere.Since 2012, the facility has also supplied renewable electricity to Marine Corps Air Station Miramar, reducing its reliance on the regional power grid.OPAL Fuels said the project strengthens the military installation's energy security and resilience while supporting its operational needs and easing demand on the broader electricity grid.The company said landfill gas projects can create environmental and economic value by turning existing public infrastructure into local renewable power sources while controlling methane emissions.The US Environmental Protection Agency ranks landfills as the third-largest source of human-related methane emissions in the US, highlighting the role of projects such as Miramar, OPAL Fuels said."For 28 years, OPAL Fuels and the City of San Diego have maintained a successful public-private partnership at Miramar, demonstrating how local infrastructure can turn landfill gas into reliable renewable electricity," said Maurer.Price: $1.89, Change: $+0.03, Percent Change: +1.89%

(Updates with index/price moves and geopolitical news from the first paragraph.)US equity indexes traded mixed ahead of a likely interest-rate increase from the Federal Reserve later on Wednesday.The Nasdaq Composite rose 0.8% to 26,195.6, the S&P 500 climbed 0.4% to 7,619.2, and the Dow Jones Industrial Average was little changed at 52,115.1 after midday. All sectors except energy and financials advanced. Technology and industrials led gainers.Ahead of the Fed's policy announcements on Wednesday, including an update of the Summary of Economic Projections, interest rate traders are now pricing in a 93% probability that the central bank will raise its target rate by 25 basis points, up from 33% a month ago, according to the CME FedWatch tool. The remaining likelihood is that the central bank will extend its pause.US Treasury yields, however, retreated ahead of the policy decision. The 10-year yield dropped 4.1 basis points to 4.96%, declining from its highest since 2007. The two-year yield slumped 4.4 basis points to 4.62%, after touching multi-year highs this week.Saudi Arabia said a drone launched by the Houthis towards Mecca was intercepted, while the Iran-aligned militia group denied targeting the holy site, calling the accusation a "nauseating lie," Al Jazeera, a Middle Eastern broadcaster, reported Wednesday. The Houthis said they targeted oil facilities in Saudi Arabia's Yanbu port and Khamis Mushait airbase, the news report said, adding that Riyadh has not commented on the claims.The front-month US West Texas Intermediate crude oil contract sank 3.9% to $101.68 per barrel, and the global benchmark North Sea Brent slid 3.3% to $105.17 per barrel.Gold futures jumped 1.4% to $4,393.2, and silver futures rose 2% to $65.11.

38 Degrees North said on Wednesday that it had secured a $260 million credit facility from Apterra Infrastructure Capital to finance the construction of about 85 megawatts of community solar projects in New York and Illinois.The financing follows 38 Degrees North's August close of a HoldCo debt facility with EIG, which gave the company additional capital to advance projects in its development pipeline."New York and Illinois continue to be among the most active community solar programs in the country," Ryan Bennett, a partner at 38 Degrees North, said in the statement.38 Degrees North has raised over $1.7 billion in capital to date. Founded in 2015, 38 Degrees North focuses on development-stage and construction-ready distributed generation and community solar projects, both through its own development activities and partnerships with project developers.The company has more than 100 projects representing about 500 megawatts under construction or operating, with a further pipeline of over 250 MW planned for construction over the next 24 months.Bennett said that the latest facility will help 38 Degrees North convert its permitted and construction-ready projects into operating assets.Community solar allows customers who may not have suitable rooftops or other sites for solar installations to subscribe to electricity generated by larger projects. New York and Illinois are among the US states with established community-solar markets.

The European stock markets closed higher in Wednesday trading as financial and homebuilder stocks rose, while automotive and oil and gas companies lagged due to sharply lower crude prices.The Stoxx Europe gained 0.6%, Germany's DAX rose 0.7%, the FTSE 100 increased 0.4%, France's CAC advanced 0.7%, and the Swiss Market Index closed nearly 0.5% higher.In the UK, annual inflation, as measured by the consumer prices index, rose 3.1% in August, up from 2.9% the previous month, according to the Office for National Statistics. The reading matched the forecasts of analysts polled by Bloomberg.In corporate news, Banco Santander won an appeal against a previous ruling that ordered the payment of 677 million British pounds ($911.9 million) to Axa for past payment protection insurance mis-selling, the UK Court of Appeal said Tuesday.The verdict frees Santander from reimbursing AXA for regulatory compensation payments from store credit card products sold before December 2000, the court said.Santander and AXA didn't immediately respond to' requests for comment.Shares of the Spanish lender gained 0.4% in Madrid.Vodafone could miss out on up to 1.1 billion euros ($1.27 billion) in potential earnings after Patrick Drahi agreed to sell his 50% stake in German broadband joint venture OXG to Societe Generale, the Financial Times reported Wednesday.The FT reported that Vodafone had been due to receive 487 million euros in deferred payments and potentially another 595 million euros in earnout payments from Drahi's Geodesia Holding.Vodafone responded to anemail, saying the 487 million euros in deferred payments would have started after OXG surpassed 1.5 million homes, with OXG recently passing 1 million homes. Altice has also invested about 100 million euros in equity and paid 120 million euros to Vodafone, it said.Vodafone added that OXG has good momentum and is the second-fastest fiber builder in Germany, saying that it plans to disclose further details of the agreement in its financial statements. The transaction has not yet been completed and is expected to close by the end of 2026, it added.Shares of the British telecommunications operator closed marginally lower in London.Nokia and C3IA signed a memorandum of understanding to support digital transformation across UK defense operations, the companies said Wednesday.The partnership will focus on resilient communications, secure information sharing and network interoperability across land, air, maritime, cyber and space domains, according to the companies. Nokia Defense and C3IA also said they plan to co-develop products across tactical communications, private 4G and 5G, situational awareness, command and control, sensing, autonomous systems and edge computing.Financial terms of the deal were not disclosed.Shares of the Finnish telecommunications company rose 1.7% in Helsinki.Smith & Nephew said Wednesday that it has accepted $250 million of its 2.032% senior notes due 2030 in a cash tender offer, after holders tendered $431.8 million of the notes.The company will pay $878.90 for each $1,000 of notes accepted, excluding accrued interest, Smith & Nephew said. The notes had $900 million outstanding before the offer. The tender offer expired Tuesday, and the settlement date is expected to be Sept. 18, it added.Shares of the medical device maker edged higher in London.