Alberta · CCAA
First Report of the Monitor
Court officer report · 20 February 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing14 verified
- report noFirst Report
- operational summaryThe Monitor's First Report provides an update on the activities of the Monitor since the Pre-Filing Report, the Debtors' weekly projected cash flow statement (CFS#1) for the period beginning February 23, 2026 and ending June 5, 2026, the Companies' news release, TSX Venture Exchange halt and securities relief, the specific relief sought by the Applicants at the Comeback Application, and the Monitor's recommendations.
- professional feesamount: 500000 · currency: CAD
- report date20 February 2026
- cash on handamount: 3067762 · currency: CAD
- receipts cumulativeamount: 5179443 · currency: CAD
- cash on handnote: Figure is the Total Opening Cash Balance for the week ending 20-Feb-26 in the Debtors' projected cash flow statement (CFS#1), not a reported actual cash position. · as at: 2026-02-20 · amount: 3067762 · currency: CAD · qualifier: projected opening cash balance per CFS#1
- closing confirmedscope: specific assets of the Companies (not already included in other possible sale transactions the Companies are exploring) · outcome: completed · effective: 2026-01-30 · date basis: stated
- operational summaryThe Debtors continue to operate their RNG and water/solids treatment businesses in the ordinary course under CCAA protection while pursuing a Court-supervised sale and investment solicitation process (SISP) and seeking a stay extension to June 5, 2026.
- purchaserprice: sealed: false · scope: specific assets of the Companies (not already included in other possible sale transactions the Companies are exploring) · status: closed · name note: purchaser of specific assets in the closed January 2026 Transaction, unnamed · structure: assets · name source: recital · relationship: unstated; price: sealed: false · scope: all of the shares in Green Impact Operating Corp · status: not_completed · name note: purchaser of all shares in Green Impact Operating Corp under the definitive share sale agreement, unnamed · structure: shares · name source: recital · relationship: unstated
- report date20 February 2026
- report noFirst Report
- sale advisorErnst & Young Inc.
- sale outcometext: SISP for all or substantially all of the property and business of the Debtors to be approved at the Comeback Application · scope: whole_business · status: process_approved