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Green Impact Partners Secures $28.9M from Credit Sale

Green Impact Partners Secures $28.9M from Credit Sale

Green Impact Partners Inc (TSE:GIP) has released an update.

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Green Impact Partners Inc. has successfully finalized the sale of Investment Tax Credits for GreenGas Colorado LLC, amounting to $28.9 million in gross proceeds. This transaction reduces their net capital investment to $6.7 million for their 50% stake in the joint venture, facilitating further investment in their flagship project and other development initiatives. The company, which focuses on converting waste into renewable natural gas and clean bio-energy, continues to work towards lowering emissions and advancing sustainable energy projects.

For further insights into TSE:GIP stock, check out TipRanks’ Stock Analysis page.

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