Green Impact Partners

What Green Impact Partners does

Green Impact Partners Inc. (TSXV: GIP) is a Calgary-based clean technology and transition energy company that acquires, develops, constructs, and operates facilities converting organic waste into renewable natural gas (RNG), ethanol, and carbon offset credits. The company was created in May 2021 through a reverse takeover of Blackheath Resources Inc. by Wolverine Energy and Infrastructure Inc., accompanied by a $100M brokered financing, and listed on the TSX Venture Exchange on June 1, 2021. GIP's core technology is anaerobic digestion combined with gasification that converts dairy manure into pipeline-quality RNG and non-food grade wheat into ethanol and RNG, achieving a negative ~-200 carbon intensity score at its operating GreenGas Colorado facility. The company generates revenue through long-term RNG offtake agreements, ethanol sales, wet distillers' grain byproduct sales, monetization of Investment Tax Credits (approximately $28.9M gross from the Colorado JV ITC sale), and participation in regulated carbon markets (California LCFS, RIN, Alberta TIER).

GIP's project portfolio includes the operating GreenGas Colorado JV (50% owned with Amber Infrastructure), the development-stage Iowa RNG project anchored by three dairy feedstock agreements targeting approximately 350,000 MMBtu/year, and the flagship Future Energy Park in Calgary, Alberta — a $1.5B EPC plus $500M soft costs integrated ethanol and RNG facility projected to produce over 300M litres of ethanol, 4 million gigajoules of RNG, and approximately 595,000 tonnes of wet distillers' grain annually at an estimated $370M-$490M run-rate EBITDA. Strategic partners include PCL Constructors and Carbon Clean Energy for project development, ATB Capital Markets as financial advisor, and a global Japanese investment partner holding a non-binding equity term sheet for lead project equity. As of February 18, 2026, GIP is operating under CCAA court-supervised restructuring with Ernst & Young Inc. as Monitor, following revenue decline, asset divestitures (water/waste treatment portfolio sold for $53.25M), auditor change, and substantial board and CFO turnover during 2025-2026.

Name

Green Impact Partners

Legal name

Green Impact Partners Inc.

Website

https://greenipi.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Green Impact Partners (TSXV: GIP) is a Calgary-based clean energy developer that builds and operates renewable natural gas and bioenergy facilities converting dairy manure and non-food grade wheat into pipeline-quality RNG, ethanol, and carbon credits for utilities, energy companies, and agricultural partners.

Ownership category

akta.pro rank

Product category

Renewable Natural Gas and Bioenergy

NAICS

Biomass Electric Power Generation (221117), Natural Gas Distribution (221210), Natural Gas Distribution (2212)

SIC

Cogeneration Services & Small Power Producers (4991), Refuse Systems (4953), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Biogas/RNG Plant Development, EPC & Project Delivery (EUAAAEAH)

akta.pro secondary industries

RNG Offtake, Marketing & Environmental Attributes (RINs/LCFS/Guarantees of Origin) (EUAAAEAG), Organics-to-Energy & CHP from Biogas (On-site Power/Heat) (EUAIAEAG), Heat Integration & Energy Efficiency for Capture Retrofits (Steam Supply, Waste Heat Recovery, CHP Integration) (EUAAALAK), BECCS Project Development & Integration (Permitting, FEED, EPC Interface) (EUAAALAA), Manure & Organic Residuals Feedstock Supply (Farm Organics for AD/RNG) (EUAAAFAK)

Keywords

• Renewable natural gas
• Waste-to-energy
• Bioenergy projects
• Anaerobic digestion
• Carbon offset credits

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Renewable Natural Gas (RNG) Sales: GIP generates revenue from selling RNG produced from organic waste digestion. The RNG is connected directly to existing gas pipeline infrastructure and sold under long-term offtake agreements. Revenue is enhanced by selling credits into the California Low Carbon Fuel Standard (LCFS) and Renewable Identification Number (RIN) markets.
2. Ethanol Production: Future Energy Park will produce over 300 million litres of ethanol annually from non-food grade wheat, generating recurring revenue from biofuel sales.
3. Carbon Credits andOffsets: GIP generates revenue from carbon offset credits (approximately 650,000 tonnes annually from Future Energy Park) and sells credits into California LCFS and RIN markets. Also includes TIER program credits under Alberta regulations.
4. Investment Tax Credit (ITC) Monetization: GIP sells Investment Tax Credits generated from renewable energy projects (such as GreenGas Colorado) to financial partners for immediate cash proceeds, approximately US$15.5 million net from the Colorado JV ITC sale.
5. Wet Distillers' Grain: Byproduct from ethanol production sold as high-protein animal feed, approximately 595,000 tonnes annually from Future Energy Park.
6. Water and Solids Treatment Services: Fee-for-service revenue from water treatment, disposal, and solids recycling operations in Canada. Generated $161.2 million in revenue in FY2023 from these services (prior to restructuring).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Green Impact Partners acquires, develops, constructs, and operates renewable natural gas (RNG) and bioenergy facilities that convert organic waste—primarily dairy manure and non-food grade wheat—into pipeline-quality renewable natural gas, ethanol, carbon offset credits, and animal feed byproducts. The company operates a portfolio of waste-to-energy projects across North America, with its flagship Future Energy Park in Calgary, Alberta, operating GreenGas Colorado JV, and Iowa RNG in development.

Product overview

Green Impact Partners is a renewable energy project development company that acquires, develops, constructs, and operates facilities focused on waste-to-energy conversion. The company operates a portfolio of RNG (renewable natural gas) and bioenergy projects at various stages of development. The flagship project is the Future Energy Park, a major integrated ethanol and RNG facility in Calgary, Alberta. Operating assets include GreenGas Colorado, a dairy-to-RNG facility in Colorado. Development-stage projects include Iowa RNG. The company also maintains legacy water and solids treatment/recycling facilities in Canada and the US. Revenue streams include energy production sales, carbon offset credits (LCFS and RIN markets), and animal feed byproducts.

Differentiator

Problem solved

Functional benefit

Products and services

• Future Energy Park One of North America's largest integrated ethanol and RNG projects located in Calgary, Alberta. Converts non-food grade wheat into ethanol and renewable natural gas, producing approximately 4 million gigajoules of RNG, over 300 million litres of ethanol, and approximately 595,000 tonnes of wet distillers' grain annually, with projected annual EBITDA of $370-490 million at full run-rate.
• GreenGas Colorado Operating dairy-to-pipeline quality RNG project in Weld County, Colorado. Converts organic waste from two national dairy producers into RNG through anaerobic digestion and gasification, connected directly into existing gas pipeline infrastructure with long-term offtake secured. Produces over 800 MMBtu per day of RNG with carbon intensity of approximately -200.
• Iowa RNG RNG development project in NW Iowa advancing final engineering, design, and capital budget. Has secured long-term feedstock agreements with three dairies and is expected to generate approximately 350,000 MMBtu per year of RNG production. Similar in size, scale, design, and technology to GreenGas Colorado, with RNG to be delivered into California LCFS and RIN markets.
• Carbon Offset Credits Carbon credits generated from RNG projects, sold into California Low Carbon Fuel Standard (LCFS) and Renewable Identification Number (RIN) markets. GreenGas Colorado's RNG has a carbon intensity score of approximately -200, optimizing value under LCFS and RIN programs. Future Energy Park is estimated to generate approximately 650,000 tonnes of carbon credits annually.

Quantifiable outcome

• GreenGas Colorado produces 800+ MMBtu per day of RNG with carbon intensity of approximately -200
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Ernst & Young Inc.minorOthers · 18 February 2026Ernst & Young Inc. was appointed by the Court of King's Bench of Alberta as the Monitor to oversee GIP's CCAA proceedings. EY will supervise the restructuring process including evaluating alternatives and potential recapitalization.
• US Infrastructure Investments Holdings LLCcoreStrategic or Co-development Partner · 10 November 2025US Infrastructure Investments Holdings LLC is GIP's 50% partner in the Colorado JV (GreenGas Colorado). Following disputes and default allegations, the parties executed an amended LLCA giving GIP US exclusive discretion to manage and control the Colorado JV business and affairs. Both parties waived existing disputes and alleged claims of default.
• PCL Constructors Inc.coreStrategic or Co-development Partner · 23 June 2021PCL Construction partnered with GIP and Carbon Clean Energy to develop a large-scale bio-fuel facility (Future Energy Park) in Calgary, Alberta. PCL brings heavy industrial construction expertise to the project. PCL is one of the largest contracting organizations in Canada with annual construction volume of $9 billion CAD.
• Carbon Clean Energy Inc.coreStrategic or Co-development Partner · 23 June 2021CCE partnered with GIP and PCL Construction to develop the Future Energy Park bio-fuel facility. CCE contributes expertise in low carbon intensity renewable energy projects for Southern Alberta.

Scale indicators18 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Clean Energy Fuels Corp. Clean Energy Fuels is the largest US RNG distributor and a direct competitor producing and marketing negative-carbon-intensity RNG to fleets and utilities. Both companies operate in the dairy/manure-to-pipeline RNG space and compete for LCFS/RIN credit monetization.
• OPAL Fuels: OPAL Fuels is a publicly traded RNG producer with dairy-manure AD projects across North America, selling RNG and credits into LCFS/RIN markets. Closely comparable in feedstock model, offtake structure, and credit-revenue dependence.
• Vanguard Renewables: Vanguard Renewables develops farm-based anaerobic digestion RNG projects in the Northeast US, partnering with dairy farms to produce pipeline-quality RNG. Directly comparable farm-to-pipeline RNG model and feedstock supply structure.
• Archaea Energy: Pre-acquisition by BP, Archaea was a pure-play US RNG producer with multiple landfill-gas and dairy AD projects selling into LCFS/RIN markets. Closest comparable in scale, project economics, and credit monetization strategy (now part of bp).
• Brightmark LLC: Brightmark develops waste-to-energy and RNG projects from dairy and food waste in the US, including RNG production from anaerobic digestion. Operates a comparable farm-to-pipeline RNG platform with carbon credit revenue.

Regional players

• Nature Energy: Nature Energy is the largest European RNG producer, operating large-scale anaerobic digestion plants converting organic waste to biogas. Comparable technology and feedstock-to-RNG model, though operating primarily in Denmark/Europe rather than North America.

Broad incumbents

• Enbridge Inc. Enbridge is a major North American energy infrastructure operator with growing RNG investments and natural gas distribution utility ownership. Comparable as both a potential offtake counterparty and a broad incumbent moving into the RNG space.
• Fortis Inc. Fortis owns FortisBC Energy, one of Canada's largest natural gas distributors with established RNG procurement programs. Comparable as a Canadian gas utility that buys and integrates RNG into its distribution network.

Emerging players

• CleanBay Renewables: CleanBay Renewables is an emerging US RNG developer using poultry litter and organic waste as feedstock for AD-to-RNG projects. Adjacent comparable as a development-stage RNG producer selling into LCFS/RIN credit markets.

Others

• American Biogas Council: Industry association representing the US biogas and RNG sector, including developers, technology providers, and feedstock suppliers. Relevant ecosystem peer that defines the market context and policy advocacy in which GIP competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Impact Partners