The Greenlane Digest

Welcome to our monthly recap, where we combine the latest in the RNG industry with exclusive Greenlane Renewables updates, as we collectively navigate the path to a more sustainable future.

Some great industry developments are at work as we continue to cover the RNG space!

Greenlane’s Latest News

Greenlane Renewables Announces Fourth Quarter and Fiscal Year 2025 Financial Results

~Delivered $2.3 million in positive Adjusted EBITDA, an improvement of $4.0 million compared with FY2024, and increased cash balance to $17.7 million, surpassing the Company’s 2025 goals~

In March, Greenlane announced its financial results for the fourth quarter and fiscal year ended December 31, 2025. For further information on these results please see the Company’s Audited Consolidated Financial Statements and Management’s Discussion and Analysis filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. All amounts reported are in Canadian dollars and in accordance with International Financial Reporting Standards (“IFRS”) unless otherwise stated.

Fiscal Year 2025 Highlights Include:

• Adjusted EBITDA of $2.3 million;
• Annual revenue of $44.4 million;
• Gross profit of $18.1 million;
• Gross Margin before amortization of $19.1 million (43% of revenue);
• Net loss and comprehensive loss of $0.7 million; and
• Sales Order Backlog of $33.6 million as at December 31, 2025.

Fourth Quarter Highlights Include:

• Adjusted EBITDA² loss of $0.5 million;
• Revenue of $10.8 million;
• Gross profit of $4.1 million;
• Gross Margin¹ before amortization of $4.4 million (41% of revenue);
• Net loss and comprehensive loss of $1.3 million;
• Cash and cash equivalents at quarter end of $17.7 million;
• No debt, other than payables, and off balance sheet arrangements, as at December 31, 2025; and
• Announced the filing of a new patent application for a Linear Nitrogen Rejection Unit (NRU) as part of its Cascade LF product line, the company’s next-generation landfill gas upgrading technology.

Click HERE to read the complete news release.

Greenlane Announces Customer’s Inauguration of its new Strategic Biomethane Hub in Brazil

~Greenlane customer, Orizon, inaugurated its biomethane producing project featuring a system supplied by Greenlane at Ecoparque Jaboatão, connecting waste management to decarbonization solutions for industry, urban mobility, and households~

On March 27th, Greenlane announced its customer, Orizon Valorização de Resíduos S.A. (“Orizon”), a leading platform in integrated circular economy and energy transition solutions, today inaugurated its new biomethane plant at Ecoparque Jaboatão in Pernambuco, Brazil, featuring a complete biogas upgrading system supplied by Greenlane. With an investment of R$258 million (C$62 million), the facility positions Orizon at the forefront of renewable fuel production in Brazil, integrating waste management, energy infrastructure, and decarbonization into a single strategic asset.

The inauguration ceremony was attended by Brazil’s Minister of Mines and Energy, Alexandre Silveira; the Governor of Pernambuco, Raquel Lyra; the Mayor of Jaboatão dos Guararapes, Mano Medeiros; the Mayor of Recife, João Campos; and the State Superintendent of Banco do Nordeste do Brasil (BNB), Hugo Luiz de Queiroz.

The Minister was honored by Orizon in recognition of his contribution to advancing Brazil’s energy transition agenda.

Click HERE to read the complete news release.

Greenlane Product News

The Greenlane team is attending Value of Biogas East in Toronto from March 30 to April 1. CEO Brad Douville joined a panel of speakers for a timely discussion on the evolving federal landscape for biogas and renewable natural gas (RNG). The conversation explored what these regulatory developments could mean for the industry moving forward. We are pleased to attend industry events where we can showcase our technology and contribute to meaningful dialogue.

Industry News

European industries release urgent call for EU leaders for fast biomethane rollout as a driver of competitiveness, energy security and defossilisation

The signatories of the Joint Biomethane Declaration, leading European industry associations, are calling for biomethane to become a central building block of the EU’s reindustrialisation, energy security, and transition to climate neutrality. The Declaration sends a clear signal of strong industrial demand for biomethane, essential to keep EU industry competitive while enabling defossilisation and more circular production processes.

European industry is under mounting pressure from high energy prices and rising carbon costs, with some sectors already facing production cuts and closures. With 22 bcm of combined biogas and biomethane produced in Europe today, sustainable biomethane offers immediate, scalable relief, integrating seamlessly into existing energy systems and gas infrastructure. Produced domestically, it strengthens energy independence and reduces Europe’s exposure to global gas market volatility, at a time when the EU still imports around 90% of its gas.

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India Expands Use of Compressed Biogas to Reduce Natural Gas Imports

In March 2026, Vadodara Gas Ltd (VGL), a joint venture between GAIL Gas and the Vadodara Municipal Corporation, announced plans to increase its use of compressed biogas (CBG) within its gas distribution network. The company currently injects approximately 5,000 kg of CBG daily and is evaluating an increase of 1,000–1,500 kg per day to meet growing demand and reduce reliance on imported natural gas.

The move reflects broader efforts in India to scale domestically produced renewable gas as part of energy security and sustainability strategies. By leveraging organic waste to produce CBG, the initiative supports both emissions reduction and circular economy objectives while providing a cleaner alternative to conventional natural gas in urban energy systems.

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EPA finalizes update to the Renewable Fuel Standard with more favorable biogas terms

The agency announced it had locked in the requirements for the Renewable Fuel Standard through 2027. It tweaked its proposal released last summer, but kept decisions like a penalty for foreign fuels.

The U.S. EPA finalized its update to the Renewable Fuel Standard on Friday after a monthslong review process. The rule includes higher renewable volume obligation requirements for cellulosic biofuels than the agency had proposed in a draft last summer — a key ask from the biogas industry.

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U.S. Farms More Than Double Biogas Capture Over Five Years

As the United States recognizes National Agriculture Month, the American Biogas Council (ABC) today released new data showing U.S. farms are capturing 166% more biogas — a source of energy created by recycling organic waste like manure and food scraps — than they were just five years ago.

According to the ABC, 631 farms today operate biogas capture systems — more than double the number in 2020. Those farms can produce over 61 million MMBtu of energy annually, compared to about 23 million MMBtu five years ago.

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Thank you for your time and interest in Greenlane Renewables, and have a great day!