Greenlane signs major new biogas upgrading supply contracts
The first contract, worth CAD$17.1 million (€11.1 million), is for the supply of biogas upgrading and related equipment to a multi-location dairy farm cluster in California, US. Greenlane’s systems will create clean renewable natural gas (RNG) for injection into the local gas distribution network, owned and operated by Pacific Gas and Electric Company (PG&E).
The second contract, worth CAD$3.5 million (€2.27 million), is part of the same cluster but is subject to final financing approval. Greenlane confirmed the name of the purchaser is being withheld at this time.
Brad Douville, president and CEO of Greenlane, said: “This is a major contract win for us, representing over 185% of 2019’s revenue, for a showcase project in the California dairy industry that will meaningfully contribute toward the state’s greenhouse gas reduction targets.
“This is Greenlane’s fourth and largest project to date to upgrade biogas to high-quality RNG for injection into the California gas pipeline system.
“We’re working with a high calibre team including a dynamic project developer and one of the largest and most experienced players in the RNG industry in the US. We are proud to have been selected as the technology provider for this exciting and important project.”