Anaergia Enters into Binding Agreement with Techbau to Build Five Biomethane Plants in Italy

Source: www.gulfoilandgas.com 1/14/2025, Location: Europe

Anaergia Inc. (“Anaergia”, the “Company”, “us”, or “our”) (TSX: ANRG), through its subsidiary, Anaergia S.r.l., has signed a binding agreement 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. Anaergia S.r.l. will be the technology provider, supplying state-of-the-art equipment for the biomethane production process, and Techbau will be the general contractor, overseeing the engineering, procurement, and construction of the facilities.

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. The biomethane plants are to be strategically located across Southern Italy. All five plants are expected to be fully constructed and able to provide renewable biomethane to Italy’s gas pipeline grid by the end of 2025.

The total investment in these five projects is expected to be about €100 million, of which Anaergia is expected to recognize revenues of approximately C$25 million.

“Sustainability has always been a central focus of Techbau, and we have consistently taken innovative approaches to shape a more sustainable future,” said Andrea Marchiori, Chief Executive Officer of Techbau. “Therefore, we are pleased to partner with Anaergia to build these five facilities that will each positively impact Italy’s future, from both an environmental perspective and also an energy supply perspective,” added Mr. Marchiori.

“With a strong presence in the Italian market, Anaergia is committed to delivering sustainable technologies that reduce greenhouse gas emissions and contribute to the circular economy,” said Assaf Onn, CEO of Anaergia. “Our agreement with Techbau marks a significant milestone in advancing Italy's renewable energy sector, supporting both economic development and also environmental sustainability,” added Mr. Onn.


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