$ANRG.TO

Anaergia Up 4.5% As Secures C$58M Contract with Neogenyx Fuels

Anaergia (ANRG.TO), a technology company in the renewable natural gas sector, was at last look up by more than 4% on Tuesday after saying its subsidiary, Anaergia Technologies, has secured a C$58 million contract with Neogenyx Fuels to deploy its proprietary anaerobic digestion technology at a large-scale agricultural facility in the United States.The agreement enhances multi-year revenue visibility and underscores growing demand for proven, scalable RNG solutions, the company added.Under the contract, Anaergia will provide turnkey manure handling, processing, and digestion systems designed to generate more than 4,400 standard cubic feet per minute of biogas, which Neogenyx Fuels will convert into pipeline-quality RNG.Anaergia expects to recognize approximately $58 million in revenue over the next two years and sees potential for additional deployments as Neogenyx Fuels expands its infrastructure portfolio. "This contract represents an important step in converting Anaergia's technology leadership into visible, contracted revenue streams with high-quality counterparties," said Anaergia CEO Assaf Onn.Neogenyx Fuels is a newly formed joint venture between Ameresco, Inc. (NYSE: AMRC) and HA Sustainable Infrastructure Capital (NYSE: HASI), focused on developing, owning, and operating advanced energy infrastructure and accelerating the growth of renewable fuels.Anaergia shares were up C$0.14 at last look at C$3.19 on Toronto Stock Exchange.Price: $3.19, Change: $+0.14, Percent Change: +4.59%

Earnings Flash (ANRG.TO) Anaergia Reports Q1 Revenue C$55.2M, Up 122% YoY; Positive Adjusted EBITDA of $1.1M

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

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.

Anaergia Says This Is a First Canadian Approval For a US-based Facility

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

Anaergia Signs C$8 Million Contract with Vanguard Renewables for Minnesota Facility

Anaergia (ANRG.TO) on Wednesday said it has signed an C$8 million contract with Vanguard Renewables through its subsidiary Anaergia Technologies for a follow-up deployment of its proprietary technology and equipment for an advanced anaerobic digestion facility in Minnesota.This marks Anaergia's fourth deployment of its technology with Vanguard Renewables.Anaergia Technologies will provide a platform including its process technology, permanent synchronous magnet mixers, and the Biogas Upgrading System.Vanguard Renewables will use the platform to process food, beverage and agricultural waste to produce renewable natural gas for injection into the local energy distribution system.