08:22 AM EDT, 07/04/2024 (MT Newswires) -- Greenlane Renewables ( GRNWF ) , trading near 52 week lows, said Thursday that it has extended its $26.5 million standby letter of credit facility to April 30, 2025.

The facility, it added, has been secured by a guarantee from Export Development Canada and supports the company's larger projects and larger portfolios of projects in the global RNG market.