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Anaergia S.r.l. in Joint Venture to Supply C$22 Million Technology Package to Ora Biogas Project in Basilicata, Italy
Anaergia’s first project for BioHold, backed by Pietro Fiorentini and Vesper Next Generati...
About this update from Anaergia, Inc.
[{"type":"text","content":"Anaergia S.r.l. in Joint Venture to Supply C$22 Million Technology Package to Ora Biogas Project in Basilicata, Italy\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n\n Anaergia’s first project for BioHold, backed by Pietro Fiorentini and Vesper Next Generation Infrastructure Fund\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., entered into a joint venture with Tozzi Sud and Isolmec Group, each a significant participant in the construction sector in Italy, to build a new anaerobic digestion facility for BioHold in Basilicata, southern Italy. BioHold is a bioenergy platform jointly controlled by Pietro Fiorentini and the Vesper Next Generation Infrastructure Fund. The project, Ora Biogas, is Anaergia’s first project for BioHold.\n \n\n The Ora Biogas facility is expected to process a variety of agricultural residues to produce renewable gas. Once operational, it is projected to generate over 47,000 megawatt-hours annually of biomethane, which will be injected into Italy’s gas distribution network. The facility is expected to begin operations by June 2026. The joint venture’s total contract is for approximately C$22 million.\n \n\n “Anaergia has an established presence in Italy, and this joint venture demonstrates how we work together with leading local partners to advance projects with expedited timelines,” said Assaf Onn, CEO of Anaergia. “By leveraging our recognized expertise and proven solutions, this project will deliver meaningful economic and environmental benefits from agricultural residues. Therefore, we are pleased to be part of this new project, our first one for BioHold.”\n \n\n Nunzio Perna, CEO of Isolmec and Tozzi Sud, added, “We are proud to take part in this project alongside highly experienced partners. The construction of the Ora Biogas plant represents a concrete step toward a more sustainable energy future and reaffirms the commitment of our industrial group in contributing to the development of innovative infrastructure for the country’s ecological transition.”\n \n\n “We are delighted to collaborate with the JV of ...