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Greenlane Renewables (TSX:GRN) reports $7.2 million sale

 Trevor Abes Trevor Abes , The Market Online
0 Comments| March 9, 2023

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  • Greenlane Renewables (GRN) has been awarded a C$7.2 million contract through Synthica St. Bernard, an eastern U.S. energy company
  • Greenlane will supply a system for upgrading biogas from food waste into pipeline-spec renewable natural gas (RNG)
  • The project will process 190,000 tons of organic waste per year, generating 250,000 MMBtus of RNG
  • Greenlane Renewables is a global provider of biogas upgrading systems
  • Greenlane (GRN) opened with a gain of 8.69 per cent, trading at $0.50 per share

Greenlane Renewables (GRN) has been awarded a C$7.2 million contract through Synthica St. Bernard.

Synthica St. Bernard markets natural gas, electricity and liquid fuels to customers across 42,000 locations in eleven eastern U.S. states.

Greenlane will supply a sulphur removal and water wash system for upgrading biogas from food waste into pipeline-spec RNG.

The project will process 190,000 tons of organic waste per year, generating 250,000 MMBtus of RNG.

The gas will be injected into the local Ohio natural gas pipeline network.

“Synthica St. Bernard is committed to providing its customers with reliable energy, and RNG is playing a more important role in that as well, helping them reduce their overall greenhouse gas emissions footprint and offer more sustainable energy products,” stated Brad Douville, CEO of Greenlane.

Greenlane Renewables is a global provider of biogas upgrading systems which produce RNG from organic waste sources.

Greenlane (GRN) opened with a gain of 8.69 per cent, trading at $0.50 per share.




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