Anaergia to Build Major Biogas Plant in South Korea

Anaergia, Inc. (TSE:ANRG) has released an update.

Anaergia Inc. has been selected by New Jeju Bio to design and build a biogas facility on Jeju Island, South Korea, with an estimated value of C$25 million, contingent on the client’s final project financing. The facility aims to transform 50,000 tons of organic waste annually into renewable energy, contributing to South Korea’s national biogas strategy and GHG emission reduction goals.

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