Anaergia, Inc. ( (TSE:ANRG) ) has provided an announcement.
Anaergia Inc., in partnership with Edil Alta S.r.l., has been awarded a contract by the City of Fermo, Italy, to construct a waste treatment plant featuring an anaerobic digestion facility. This facility will process over 35,000 tons of organic waste annually, producing approximately 31,400 MWh of biomethane to be converted into compressed natural gas for vehicle fueling. The project, valued at C$45.5 million, is expected to be completed by mid-2026 and will generate significant revenue for Anaergia, enhancing its position in the renewable energy sector.
More about Anaergia, Inc.
Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. The company is committed to addressing greenhouse gas emissions through cost-effective processes and offers an integrated portfolio of end-to-end solutions, including solid waste processing, wastewater treatment, organics recovery, anaerobic digestion, and biomethane production.
YTD Price Performance: -5.10%
Average Trading Volume: 75,928
Technical Sentiment Signal: Sell
Current Market Cap: C$158M
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