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Innergex Renewable Energy Inc T.INE

Alternate Symbol(s):  INGXF | T.INE.PR.A | T.INE.PR.C | T.INE.DB.B | T.INE.DB.C

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and Chile and manages a large portfolio of high-quality assets consisting of interests in 88 operating facilities with an aggregate net installed capacity of 3,375 MW (gross 4,328 MW), including 41 hydroelectric facilities, 35 wind facilities, nine solar facilities and three battery energy storage facilities. It also holds interests in 13 projects under development with a net installed capacity of 930 MW (gross 1,281 MW), three of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 9,912 MW.


TSX:INE - Post by User

Post by Puffpuff02on Sep 16, 2021 2:11pm
194 Views
Post# 33871735

Greenlane Renewables Signs $6.1 Million System Supply Contra

Greenlane Renewables Signs $6.1 Million System Supply Contra

Greenlane Renewables Signs $6.1 Million System Supply Contract for RNG Project with Green Impact Partners

T.GRN 

~Greenlane selected to supply two PSA units for dairy RNG project in Colorado~

VANCOUVER, BCSept. 16, 2021 /CNW/ - Greenlane Renewables Inc. ("Greenlane") (TSX: GRN) (FSE: 52G) today announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has signed with Green Impact Partners, through its EPC contractor, a biogas upgrading system supply agreement for $6.1 million (US$4.8 million) for a renewable natural gas ("RNG") project in the State of Colorado. Green Impact Partners' GreenGas Colorado Project consists of two dairy farms, broke ground in July 2021, and has an expected completion date in the second half of 2022. The project will utilize two of Greenlane's pressure swing adsorption ("PSA") upgrading systems, one for each of the two dairy farms in the project. Greenlane's order fulfillment for this project will commence immediately.

"We're excited to work with Green Impact Partners on its GreenGas Colorado project to showcase our market-leading biogas upgrading systems," said Brad Douville, President and CEO of Greenlane. "RNG is a rapidly growing industry with new entrants and increasing amounts of project capital being deployed. Green Impact Partners is seizing this opportunity and making a difference as it strives to have a positive impact on the environment through its energy transition projects."

"We selected Greenlane's gas upgrading system for their ingenuity in its design and their commitment to quality. We look forward to working with Greenlane on this project and potentially many more," says Jesse Douglas, CEO. "With this milestone now complete, we continue to focus on site construction ensuring all civil work is done before the winter season with a commitment from our EPC contractor to have gas flowing in 2022."

About Green Impact Partners
Green Impact Partners ("GIP") is a publicly traded TSX-V clean energy company. GIP is focused on leading the transition to a green and sustainable economy through clean energy and water distribution. GIP seeks to be impactful partners in a green, more sustainable future by optimizing late-stage technology to repurpose by-products into clean energy and other value-added substances. For more information please visit www.greenipi.com.

About Greenlane Renewables

Greenlane Renewables is a leading global provider of biogas upgrading systems that are helping decarbonize natural gas. Our systems produce clean, low-carbon and carbon-negative 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 vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies: waterwash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 125 biogas upgrading systems sold into 19 countries worldwide, including the world's largest biogas upgrading facility, Greenlane is inspired by a commitment to helping waste producers, gas utilities or project developers turn a low-value product into a high-value renewable resource. For further information, please visit www.greenlanerenewables.com


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