Greenidge and New York State Reach Landmark Agreement on New Air Permit to Strengthen Local Power Grid, Mandating Emissions Reductions Beyond State Climate Act Targets
Title V Permit Renewal: Greenidge Generation Holdings has secured a five-year renewal of its Title V Air Permit for its Dresden, NY facility, allowing it to continue supplying power to the local energy grid while adhering to New York's Climate Act emissions standards.
Emissions Reduction Goals: The agreement mandates a 44% reduction in permitted emissions by 2030 and a 25% reduction from actual emissions, surpassing the state's Climate Act requirements.
Litigation Settlement: The settlement resolves ongoing litigation between Greenidge and the State of New York, affirming the company's operations will remain consistent with state environmental goals and allowing uninterrupted electricity supply.
Economic Impact: Greenidge's operations have significantly contributed to local job creation and tax revenues, with over $100 million invested in modernizing the facility since its acquisition in 2016.
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Active Stocks Overview: InflaRx N.V. (IFRX) and Greenidge Generation Holdings Inc. (GREE) are among the most active stocks, with IFRX trading at $2.01 and GREE at $2.02, both showing positive movements.
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Notable Gainers in Pre-Market Trading: Several stocks saw significant gains, including Masonglory Ltd (up 113.5%), Integrated Media Technology Ltd (up 117.1%), and Greenidge Generation Holdings Inc (up 57.6%) following positive developments.
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Market Activity Overview: The article highlights various stocks' movements in pre-market trading, showcasing both significant gains and losses, reflecting a volatile market environment.

Title V Permit Renewal: Greenidge Generation Holdings has secured a five-year renewal of its Title V Air Permit for its Dresden, NY facility, allowing it to continue supplying power to the local energy grid while adhering to New York's Climate Act emissions standards.
Emissions Reduction Goals: The agreement mandates a 44% reduction in permitted emissions by 2030 and a 25% reduction from actual emissions, surpassing the state's Climate Act requirements.
Litigation Settlement: The settlement resolves ongoing litigation between Greenidge and the State of New York, affirming the company's operations will remain consistent with state environmental goals and allowing uninterrupted electricity supply.
Economic Impact: Greenidge's operations have significantly contributed to local job creation and tax revenues, with over $100 million invested in modernizing the facility since its acquisition in 2016.

Amended Tender/Exchange Offer: Greenidge Generation Holdings Inc. has amended its tender and exchange offers for its 8.5% Senior Notes due 2026, removing the Early Tender Premium, increasing the purchase price to $10.00 plus accrued interest, and extending the expiration date to September 29, 2025.
Tendered Notes Information: As of the withdrawal date, $3,972,675 of the Old Notes were validly tendered and not withdrawn, with an additional $1,375 tendered under the Exchange Option, as reported by the exchange agent, Computershare Trust Company, N.A.
Termination of Purchase Agreement: Greenidge Generation Holdings Inc. announced that Data Journey LLC has terminated a $12.1 million purchase agreement for 152 acres in Spartanburg, South Carolina.
Financial Retention and Marketing: Greenidge will retain $400,000 in non-refundable deposits from the deal and will continue to market the property, with an option to cancel the agreement by August 25, 2025.
Focus on Power Rights: CEO Jordan Kovler emphasized the company's commitment to securing long-term power rights for the property and enhancing shareholder value.
Stock Performance: As of Monday, GREE's stock closed at $1.33, down 3.27%, and is trading at $1.31 after hours, reflecting a further decline of 1.50% on the NasdaqGS.






