RE:Possible EndgamesThe runway for RNG looks extremely positive for the next several years, as companies like GRN and XBC build out their portfolios. I could see this being of interest to a major. BP, Total, Equinor, Chevron and Royal Dutch Shell have all publicly stated they plan to make renewables a sizable focus of their upcoming businss plans. Shell has stated they see themselves as an "energy transition company." There's also companies like Enbridge or Fortis who this company would seem to fit quite nicely. I can see this being of interest to any of these businesses as their revenue continues to increase, though probably not for a couple of years.
Eventual buyout I would hope to see in the $500 million range, at the very least.
Canoutchie wrote: Will Greenlane remain independent?
Or is it a possible takeover candidate?
Buyout by a supermajor?
Greenlane is already partnering with some major players in the USA and Europe. A supermajor looking to jumpstart its business strategy, to reflect the current environment, may be shopping around for candidates.
I'll be curious to see where GRN.V is trading a year from now.
GLTA