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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 rationalon Apr 17, 2023 7:07am
606 Views
Post# 35397899

(Potentially Huge?) News

(Potentially Huge?) NewsI'm still trying to digest this press release, but, on the surface at least, it nails  some of the items I wanted to see from the company. Among the more noteworthy comments:
  • 75 systems in 5 years
  • most important deal to date
  • revenue under new royalty-like business model
I expect sp wil jump in the short term, but the press release involves some vague words, so it'll be nice to hear a conference call in which analysts tease more substance out of the nuanced terms (eg: royalty-like, minimum commitment,...).

Certainly the most optimism I've felt for GRN in a while.


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