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Anaergia's Rhode Island Bioenergy Facility Gets Temporary Negative Carbon Intensity Score Approval Under Canada's Clean Fuel Regulations

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The Rhode Island Bioenergy Facility (RIBF), owned and operated by a subsidiary of Anaergia (ANRG.TO), has received a temporary negative Carbon Intensity (CI) score from the Government of Canada's Ministry of Environment and Climate Change for the renewable natural gas it produces under Canada's Clean Fuel Regulations (CFR), the company said Tuesday.

The approval makes RIBF the first US-based RNG facility to receive a negative CI approval under CFR, it said, adding RNG produced at RIBF is now eligible to generate CFR credits.

"Anaergia is proud that our proprietary solutions are recognized by the Government of Canada as effective tools for reducing landfill greenhouse gas emissions and supporting Canada's clean energy transition with a carbon-negative fuel," said Assaf Onn, CEO of Anaergia.

The RIBF's RNG is classified as carbon-negative because the facility captures methane that would otherwise be released through the decomposition of organic waste in landfill. By diverting and processing this waste, Anaergia's RIBF can prevent more than 40,000 metric tonnes of CO2-equivalent greenhouse gas emissions per year, the company noted.

Located adjacent to Rhode Island's central landfill in Johnston, the RIBF is the largest anaerobic digester in New England, designed to divert more than 100,000 tons of organic waste per year from landfills. The facility converts food scraps and other organic wastes into RNG, recycled water, and nutrient-rich solid residuals that are used to enrich soils and reduce reliance on synthetic fertilizers.

Shares in ANRG were down $0.03 or near 0.9% at $3.37 in Canada yesterday.

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