Post by
ZouZS3 on Oct 09, 2021 8:32pm
Interesting 🤔
Xebec has signed the first set of task orders under an agreement with Brightmark RNG Holdings to provide 18 BGX-Biostream units. Greenlane won a $7.7MM RNG contract with Brightmark. They either like Xebec's products & service offer more b/c they purchased a larger order or they're buying from both companies depending their needs.
Comment by
bmbruce on Oct 11, 2021 9:14am
whether Brightmark RNG likes XBC's units/services isn't the issue...the market's response is the issue and XBC's share price is down from the date of the announcement..
Comment by
ace1mccoy on Oct 11, 2021 12:27pm
My view , I'm not reading too much into it. Spreading out the contracts between both companies who are suppliers is only de-risking delivery dates of equipment in the booming global RNG space.