Greenlane Secures New CDN$2.7 Million Biogas Upgrading Contract
Greenlane increases market share to 50 percent in the State of Oregon with clean renewable natural gas project win
Burnaby, British Columbia, Canada – July 2, 2019 Greenlane Renewables Inc. (“Greenlane” or the “Company”) (TSXV: GRN) today announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has secured a new CDN$2.7 million-dollar biogas upgrading contract with the Metropolitan Wastewater Management Commission (“MWMC”). Greenlane will provide its pressure swing adsorption (“PSA”) solution for the wastewater treatment facility that serves the Eugene - Springfield metropolitan area in Lane County, Oregon in the United States. Work will begin immediately upon receipt of notice to proceed, with delivery expected to occur within six months of commencement of work. The facility is expected to produce approximately 120,000 gigajoules (GJ) (or 114,000 million British Thermal Units (MMBTU)) annually of clean Renewable Natural Gas (“RNG”) for injection into the gas distribution network owned and operated by NW Natural, the local gas utility.
The MWMC’s RNG project is expected to be the fourth in the State of Oregon. Greenlane is separately supplying a biogas upgrading solution for the City of Portland’s Columbia Boulevard wastewater treatment plant (CBWTP), which will also provide for injection of RNG into NW Natural’s network. Supply of biogas upgrading systems to both CBWTP and MWMC represents 50 percent of the RNG projects currently operating or under construction in the State of Oregon.
Greenlane’s PSA solution was selected for this project based on several criteria including highest reliability, lowest overall life-cycle cost, and best methane capture efficiency, which beat out membrane separation technology proposed by competitors. Biogas upgrading is a process in which trace impurities are cleansed and carbon dioxide is separated from methane (CH4) in biogas to produce biomethane to a quality suitable for injection into the natural gas grid and for direct use as vehicle fuel.
“Greenlane is the only company to offer the three main biogas upgrading technologies and therefore we offer our customers an unbiased technology comparison to ensure the right technical solution to match the unique requirements of each project,” stated Brad Douville, Greenlane’s President & CEO. “We are proud to have been selected for this project in Oregon, and to help another customer maximize value from their biowaste facilities.”
Greenlane also announced a new order for an RNG project in British Columbia, Canada, last week valued at CDN$3.4 million.
About Greenlane Renewables
Greenlane Renewables is a leading global provider of biogas upgrading systems. Our 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 vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies; water wash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 100 biogas upgrading units supplied into 18 countries worldwide, including the world’s first and second largest biogas upgrading facilities, Greenlane is inspired by a commitment to helping waste producers improve their environmental impact, green credentials, and bottom line. For further information, please visit www.greenlanerenewables.com.
For more information please contact:
Incite Capital Markets
Eric Negraeff / Clayton Paradis
Brad Douville, President & CEO, Greenlane Renewables
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