Greenlane Renewables Inc T.GRN

Alternate Symbol(s): GRNWF

Energy Technology

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.

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Greenlane Renewables Inc > operation loss 822k, FX gain 1515k

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Comment by Hesiod07on Nov 09, 2022 1:46pm

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Post# 35085939

RE:operation loss 822k, FX gain 1515k

Money is fungible. They have targeted markets (Cali, Italy, etc.) that are smart enough to see the benefits of RNG. These markets pay in stronger currencies than the C$. This has clearly been part of the plan from the beginning. Winning on export sales was recognized by the EDC award they received. Time to forget what they taught you in B school and take the money and run.

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