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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Post by ZouZS3on Mar 11, 2021 5:49pm
353 Views
Post# 32781682

Q&As

Q&As
Based on Q&A, Markets in Europe are tighter for GRN, most of their backlog is from the US. Investors seemed concerned with competition, cost compared to bigger companies. GRN are solely focused in RNG. BOO are focused only in Europe where markets are tighter. 46 millions in backlog is expected to convert in revenues from 9 to 18 months. 8 millions included in the 46 million is NOT expected to flow in 2021. For the 720 million sales pipeline did not give any guidance on how much of that will convert on 2021 and refused to answer and an investor assumed that sales pipeline is for specific projects. Does not seem to be focusing project developments in NA but rather in Upgrading business. They are expecting to partner with project developers and maybe gain equity in the projects instead of owning the projects.
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