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Anaergia Finalizes Contract With Techbau to Build Five Biomethane Plants in Italy
Anaergia’s proprietary anaerobic digestion systems to produce biomethane for injection int...
About this update from Anaergia, Inc.
[{"type":"text","content":"Anaergia Finalizes Contract With Techbau to Build Five Biomethane Plants in Italy\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n\n Anaergia’s proprietary anaerobic digestion systems to produce biomethane for injection into the grid\n \n\n\n\n\n Anaergia Inc. (“Anaergia”, the “Company”, “us”, or “our”) (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed a contract with Techbau S.p.A. (“Techbau”), a leading Italian company specializing in large-scale engineering and construction projects for the building of five new biomethane production plants in Italy.\n \n\n Anaergia S.r.l. will supply state-of-the-art equipment for the biomethane production process, while Techbau will serve as the general contractor, responsible for the engineering, procurement, and construction of the facilities that are to be strategically located across Southern Italy. On January 14, 2025, Anaergia announced a Binding Agreement with Techbau, marking a significant achievement towards finalizing this contract.\n \n\n As previously disclosed, these five new facilities will leverage Anaergia’s cutting-edge anaerobic digestion technologies to produce renewable biomethane from various types of agricultural and food processing wastes, aligning with Italy’s commitment to sustainable energy and decarbonization goals. Each of the plants are to treat more than 90,000 tons per year of feedstock each, for a combined total production of about 234,000 MWh to be injected into the grid yearly.\n \n\n All five plants are expected to be fully constructed and able to provide renewable biomethane to Italy’s gas pipeline grid by the mid-2026. Anaergia is expecting to recognize revenues of over C$27 million from this project.\n \n\n \"Over the years, Anaergia has developed a unique combination of experience and expertise, enabling us to effectively meet our clients' needs within efficient timeframes,\" stated Assaf Onn, CEO of Anaergia. \"This contract to provide Anaergia’s proprietary technologies — proven in biomethane facilities around the world — for five facilities for Techbau marks a significant milestone in Italy’s progress toward its sustainability goals.\"\n \n\n\n About Techbau\n \n\n\n Te...