The Greenlane Digest

Investors

November 3rd Issue of Greenlane Digest

Hi and welcome to our weekly recap, where we take a closer look at the RNG industry, with the latest stories and information on how we are accelerating the energy transition. Make sure you forward our newsletter to your fellow energy accelerators!

Clean Energy’s first RNG facility begins to sell environmental credits

Clean Energy Fuels Corp. and TotalEnergies SE announced that renewable natural gas (RNG) from Del Rio Dairy in Friona, TX, began flowing in June to the transportation market and recently began generating D3 renewable identification numbers (RINs) credits under the U.S. Environmental Protection Agency’s (EPA) Renewable Fuel Standard, as well as credits through Oregon’s low carbon fuel standard (LCFS) program. The RNG produced at Del Rio Dairy and injected into the country’s natural gas pipeline system represents a major milestone in Clean Energy’s strategy to become the leader in both producing and selling a fuel that is so clean, the California Air Resources Board gives it an average carbon-intensity rating of -331. Clean Energy broke ground at the Del Rio Dairy biogas digester in November 2021, completed construction in February 2023, and stored the RNG produced until regulatory approval in June. Del Rio Dairy is the first low carbon-intensity RNG project completed by Clean Energy and was financed through a joint venture between Clean Energy and TotalEnergies. The multi-generational, family-owned and operated dairy has 7,500 milking cows.

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Greenlane to announce third quarter 2023 results on November 9, 2023, and host conference call

Greenlane intends to announce its 2023 third quarter financial results on Thursday, November 9, 2023 after markets close, followed by a conference call at 5:00 PM ET (2:00 PM PT).  Representing management will be Ian Kane, President and Chief Executive Officer, and Monty Balderston, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. The public is invited to listen to the conference call in real time by telephone. To access the conference call by telephone, please dial: 1-800-319-4610 (North America toll-free) or 1-604-638-5340.

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Accelerating the energy transition

Greenlane (TSX:GRN) is driving change: accelerating the energy transition to a net-zero emissions economy. We are 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, we have been actively contributing to the decarbonization of our planet for over 35 years. The systems we provide transform biogas generated from organic waste into high-value grid-ready renewable natural gas (“RNG”).

Our systems produce clean, low-carbon and carbon-negative RNG from organic waste sources including agriculture (such as dairy and hog manure), water resource recovery facilities, food waste, landfills, and sugar mills. Greenlane is the only biogas upgrading company offering and actively deploying the three main upgrading technologies: waterwash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. Greenlane has delivered over 140 biogas upgrading systems into 19 countries, including some of the largest RNG production facilities in the world.