~Service offerings continue to build through extensive customer base~
Vancouver, British Columbia, Canada – March 13, 2025 Greenlane Renewables Inc. (“Greenlane” or the “Company”) (TSX: GRN / FSE: 52G) today announces it has secured three new service agreements for renewable natural gas (“RNG”) project sites under its 3-tiered service offering program. The new service agreements are with customers to whom Greenlane supplied biogas upgrading systems in three different biogas sectors in North America - municipal green waste, municipal wastewater, and dairy manure.
“These service agreements demonstrate the continued confidence our customers have in Greenlane across a wide spectrum of biogas sectors,“ said Brad Douville, CEO of Greenlane. “With decades of expertise and a deep understanding of the industry’s most complex challenges, we are uniquely positioned to provide reliable solutions and customer support that maximize financial performance for our customers.”
Greenlane’s service offerings include:
By strengthening its service business, Greenlane is reinforcing its position as a long-term partner for customers while continuing to diversify revenue sources. The initiative aligns with Greenlane’s 2025 strategy, which prioritizes financial discipline, customer success, and scalable growth in high-demand segments.
Greenlane continues to expand its presence in North and South America through maintenance contracts of its 3-tiered service offerings branded as Bronze, Silver and Gold designed to meet diverse customer needs. Greenlane’s service packages reflect its commitment to excellence, customer satisfaction, and industry progress. Comprehensive services deliver rapid response to issues, insights to optimize plant performance, and quality preventative maintenance, ensuring the continued success and efficiency of installed systems.
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About Greenlane Renewables
Greenlane is driving change: accelerating the energy transition. 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 desulfurization and upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years with more than 355 systems supplied into 28 countries. We transform biogas generated from organic waste into high-value grid-ready renewable natural gas (“RNG”) from a wide range of sources such as landfills, sugar mills, dairy farms, wastewater, and food waste. Greenlane is transforming energy production and creating new, sustainable revenue streams for its customers - all while dramatically reducing carbon emissions. Partner with us, let’s accelerate the energy transition together. For further information, please visit www.greenlanerenewables.com.
For more information please contact:
Incite Capital Markets
Darren Seed / Clayton Paradis
Ph: 604.493.2004
Brad Douville
CEO, Greenlane Renewables
Email: IR@greenlanerenewables.com
FORWARD LOOKING INFORMATION – This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as “may”, “is expected”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “can”, "may" or "will" happen. In particular, this news release contains forward looking information relating to expectations regarding the Company’s ability to strengthen its service business, reinforce its position as a long-term partner, diversify revenue sources, expand its presence in North and South America, and achieve scalable growth in high-demand segments..The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including including market demand for renewable natural gas solutions, continued customer adoption of Greenlane’s service offerings, and the Company’s ability to execute its strategic initiatives. While management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond the Company’s control, could cause actual results to differ materially from the forward-looking information in this press release. Additional risk factors can also be found in the Company's Management Discussion and Analysis, its Annual Information Form and in its base shelf prospectus dated January 4, 2024, all of which have been filed under the Company's SEDAR+ profile at www.sedarplus.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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Greenlane Renewables
110 - 3605 Gilmore Way
Burnaby BC
V5G 4X5, Canada.
IR@greenlanerenewables.com