Xebec Receives Letter of Intent for Alberta’s First Commercial RNG Project
Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions is pleased to announce that it has signed a letter of intent (“LOI”) on May 28th, 2020, for the sale of a multi-million dollar biogas to renewable natural gas (RNG) installation to a large-scale utility customer in Alberta.
Xebec expects the LOI to convert into backlog over the coming months and system delivery to occur in 2021.
An opportunity to further Canada’s oil and gas industry and help the country decarbonize its energy mix
Canada is the world’s fourth largest natural gas producer. Renewable natural gas (RNG) production represents an opportunity to reduce carbon emissions of natural gas by creating renewable gas from organic waste sources, that can be blended with fossil natural gas to reduce the overall carbon intensity.
By Global NewsWire