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Green Impact Partners Announces Fiscal 2022 Results and Exciting Key Achievements
Calgary, Alberta--(Newsfile Corp. - April 20, 2023) - Green Impact Partners Inc. (TSXV: GIP) ("GI...
About this update from Green Impact Partners Inc
[{"type":"text","content":"Green Impact Partners Announces Fiscal 2022 Results and Exciting Key AchievementsCalgary, Alberta--(Newsfile Corp. - April 20, 2023) - Green Impact Partners Inc. (TSXV: GIP) (\"GIP\" or the \"Company\") today reported its results for the year ended December 31, 2022 and key achievements.2022 was a transformative year for GIP and the Company continues to make great progress as a leader in creating a sustainable and green economy. From 2022 to early 2023, GIP has been working hard to develop and grow its net zero portfolio of projects advancing them with amazing positive impact, with the aim of benefiting all stakeholders involved. \"What a year it has been for our Company, and I'm extremely proud of the work our team has accomplished in a short period of time,\" said Jesse Douglas, Chief Executive Officer. \"With 2022 now behind us and the first few months of 2023 under our belt, I'm thrilled with the successful execution of our equity process, culminating in a strategic partnership with Amber Infrastructure and bringing our ambitious growth plans to fruition. I'm also excited to see first gas production at our GreenGas Colorado RNG facility. Our team has worked tirelessly to complete construction and commissioning on this hugely impactful RNG facility, knowing this is just one of many facilities which, through its operations by GIP, will make a meaningful environmental impact, all while creating value for our stakeholders.\"Key highlights and accomplishments for 2022 include:Executed $545 Million Strategic Partnering Agreement: Following a successful financing process in 2022, in early 2023, GIP announced it selected Amber Infrastructure Group as a strategic partner to advance the Company's current and future projects. This partnership provides greater financing certainty to continue advancing GIP's pipeline of projects to execution, in addition to showing the immense value still to be realized by its shareholders within the Company.GreenGas Colorado RNG facility achieves first natural gas production: Construction of the GreenGas Colorado renewable natural gas (\"RNG\") project was substantially completed in 2022 with commissioning activities continuing into the first half of 2023. GIP is pleased to announce it has achieved first gas production at the facility, and the Company anticipates continuing to ramp up production to achi...