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An announcement from Cambi ASA ( (DE:3W7) ) is now available.
Cambi ASA has expanded its contract with Veas, Norway’s largest wastewater treatment plant, to include additional processes for sustainable and energy-efficient wastewater sludge treatment. This expansion demonstrates Cambi’s capability to extend the scope of its thermal hydrolysis projects, enhancing resource recovery and biogas production while contributing to environmental restoration efforts. The project, which includes the integration of a backup electrical steam boiler, is progressing well and is scheduled for completion by the end of 2026.
More about Cambi ASA
Cambi is a global leader in biogas technology and solutions for wastewater treatment plants and anaerobic digestion facilities. Established in 1992, the company has maintained its market leadership through continuous innovation and a strong portfolio of proven and patented technologies. Cambi’s thermal hydrolysis process enhances renewable energy output, reduces operational costs, and minimizes greenhouse gas emissions, making it a future-proof solution for various biosolids outlets. The company is listed on Euronext Growth Oslo and has delivered successful installations in 28 countries across six continents.
YTD Price Performance: 29.84%
Technical Sentiment Signal: Sell
Current Market Cap: €253.4M
Find detailed analytics on 3W7 stock on TipRanks’ Stock Analysis page.