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Greenlane Renewables Inc
Symbol GRN
Shares Issued 154,247,407
Close 2024-11-05 C$ 0.06
Market Cap C$ 9,254,844
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Greenlane signs two service deals with energy company

2024-11-06 13:02 ET - News Release

Mr. Brad Douville reports

GREENLANE RENEWABLES SIGNS TWO SERVICE CONTRACTS WITH INTERNATIONAL ENERGY COMPANY

Greenlane Renewables Inc. has signed two service agreements with an international energy company for two of its dairy RNG project sites in the United States for which Greenlane previously supplied the biogas upgrading systems. Greenlane is expanding its presence in North America and South America through maintenance contracts of its three-tiered service offerings branded as bronze, silver and gold designed to meet diverse customer needs. The customer's name has not been disclosed at this time.

"With over 20 biogas upgrading systems commissioned in the last two years and over 145 systems deployed globally in total, Greenlane has a large target customer base for our enhanced service offerings executed by our growing team of talented service specialists," said Brad Douville, chief executive officer of Greenlane. "We have expanded our offerings through our new, turn-key H2S media change-out service, which so far has been well received, having completed four of them in the past five months."

The three-tier service packages reflect Greenlane's commitment to excellence, customer satisfaction and industry progress. Comprehensive services deliver rapid response to issues, insights to optimize plant performance and quality preventative maintenance. Under new service and related agreements, Greenlane will provide continuing support and maintenance, ensuring the continued success and efficiency of installed systems.

Greenlane's onsite media change-out service is available for both new and existing Greenlane customers looking to streamline their operations either with an add-on to Greenlane's service offerings, or as a new single-source service provider. The service is designed to save clients time and money through advanced productivity.

About Greenlane Renewables Inc.

Greenlane is driving change: accelerating the energy transition to a net-zero emissions economy. It is cleaning up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and commercial transportation. As a pioneer and leading specialist in biogas upgrading, it has been actively contributing to the decarbonization of its planet for over 35 years. The systems it provides transforms biogas generated from organic waste into high-value grid-ready renewable natural gas (RNG).

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