Anaergia Stock Price, News & Analysis

Anaergia Singapore, a subsidiary of Anaergia Inc. (ANRGF), has secured a conditional contract worth C$40 million from New Jeju Bio to design and build a biogas facility in Jeju Island, South Korea. The project, expected to complete by late 2027, represents an expanded scope from the previously announced Letter of Award in September 2024. The facility will process 54,000 tons of organic waste annually, including slaughterhouse waste and sewage treatment sludge, to generate 2 megawatts of renewable energy. The biogas will power a combined heat and power system, while the facility will include onsite wastewater treatment and recycling capabilities. This marks Anaergia's first project in South Korea, chosen for its integrated waste-to-energy solutions.

Anaergia (TSX:ANRG, OTCQX:ANRGF) has secured a C$7.3 million contract with Capwatt for the design and construction of the Metanext biomethane facility in central Italy. This facility, expected to be operational by June 2026, will produce 7.6 million cubic meters of biomethane annually from agro-industry waste.

The Metanext project is the first of nine planned facilities under a previously announced Letter of Intent from April 21, 2025. The complete nine-project portfolio, to be completed over 30 months, is expected to generate more than C$60 million in revenue for Anaergia. The company will oversee facility design and incorporate proprietary systems including anaerobic digesters to enhance Europe's green energy infrastructure.

Anaergia Inc. (ANRGF) reported its Q1 2025 financial results, highlighting a record Revenue Backlog of $200.0 million, representing a 94.1% increase from $103.1 million in December 2024. The company's Q1 revenue was $24.9 million, slightly down 0.4% year-over-year. Gross profit decreased 16.6% to $5.4 million, while Adjusted EBITDA loss improved by 34.5% to $3.9 million compared to a $6.0 million loss in Q1 2024. The net loss improved to $5.9 million from $11.5 million in the previous year. The increased backlog was primarily driven by capital sales growth in Italy and North America, reflecting the company's progress in implementing its Anaergia 2.0 vision since Marny Investment SA's investment in July 2024.

Anaergia (TSX: ANRG, OTCQX: ANRGF) has secured an expanded contract through its subsidiary Anaergia Technologies with the East County Advanced Water Purification (AWP) Joint Powers Authority in East San Diego County. The change order will increase Anaergia's project revenues by C$8.6 million.

The expanded scope includes procurement of essential equipment such as a gas treatment system, combined heat and power systems (CHP), and electrical equipment. The gas treatment system will purify biogas from anaerobic digesters to power the CHPs, which will operate the water purification plant.

The water supply project, currently under construction in Santee, California, is expected to begin operations by the end of 2026. This development aims to provide a new source of high-quality water while reducing operating costs through on-site energy generation.

Anaergia Inc. (TSX:ANRG, OTCQX:ANRGF) has signed a binding Letter of Intent with Capwatt Biomethane to design and construct nine state-of-the-art biomethane production facilities across Portugal, Spain, and Italy. The projects, expected to complete within 30 months, will generate over C$60 million in revenue for Anaergia.

The facilities will incorporate Anaergia's proprietary systems, including anaerobic digesters, to enhance Europe's green energy infrastructure. Once operational, these nine facilities will produce 556,000 MWh per year of high-quality biomethane. This agreement builds upon previous successful collaborations between the companies, which included two biomethane facilities in Portugal and one in Italy.

Anaergia (TSX:ANRG, OTCQX:ANRGF) has finalized a contract with Techbau S.p.A. to construct five biomethane production plants across Southern Italy. The agreement follows a Binding Agreement announced on January 14, 2025.

The facilities will utilize Anaergia's proprietary anaerobic digestion technologies to process agricultural and food processing wastes. Each plant will treat over 90,000 tons of feedstock annually, with a combined production of approximately 234,000 MWh of renewable biomethane for grid injection yearly.

Anaergia S.r.l. will provide advanced equipment for biomethane production, while Techbau serves as general contractor handling engineering, procurement, and construction. The project is expected to generate over C$27 million in revenue for Anaergia, with all five plants scheduled to be operational by mid-2026.

Anaergia Inc (TSX:ANRG, OTCQX:ANRGF) released its Q4 and fiscal 2024 financial results. Q4 revenue reached $34.1 million, up 1.9% year-over-year, while full-year revenue decreased 24.2% to $111.6 million. The company reported a Q4 net loss of $15.4 million, showing a 54.7% improvement from Q4 2023.

Notable highlights include:

• Gross profit for Q4 2024 increased 157.8% to $9.0 million
• Full-year gross profit rose 29.9% to $25.6 million
• Adjusted EBITDA Loss improved by 23% to $26.9 million for fiscal 2024
• Revenue Backlog stands at $103.1 million, comprising $90 million in capital sales and $13.3 million in maintenance services

Anaergia (TSX:ANRG, OTCQX:ANRGF) has signed contracts with QGM S.á.r.l. to build two new biomethane production plants in northern Italy. Through its subsidiary Anaergia S.r.l., the company will serve as the EPC contractor for facilities in Copparo and Derovere.

Key project details:

• Each plant will process over 50,000 metric tons of agricultural waste annually
• Production capacity: More than 4,000,000 m³/h of methane per facility
• Expected completion: Mid-2026
• Total contract value: Exceeds C$46 million

The facilities will utilize Anaergia's proprietary anaerobic digestion technologies to produce renewable biomethane, which will be supplied to Italy's gas pipeline grid. This initiative supports Italy's commitment to sustainability and decarbonization efforts.

Anaergia (TSX:ANRG, OTCQX:ANRGF) and its joint venture partner Edil Alta have received approval from the City of Fermo, Italy, to construct a waste treatment plant with an anaerobic digestion facility. The plant will process over 35,000 tons of source-separated organics annually, generating approximately 31,400 MWh of biomethane for compressed natural gas (CNG) vehicle fuel.

The facility, scheduled for completion in mid-2026, represents a total investment of C$45.5 million, with Anaergia expected to recognize revenues exceeding C$9 million. The project, implemented through Anaergia's subsidiary Anaergia S.r.l., marks the largest construction project ever awarded by the City of Fermo.