Anaergia anticipates C$184 million in revenue from the Agreement
Anaergia Inc., through its subsidiary Anaergia S.r.l., has signed a Binding Agreement (“Agreement”) with a leading Spanish company specializing in renewable gas infrastructure projects. Under the terms of the Agreement, Anaergia will provide a range of services as well as its cutting-edge technology and equipment for over 15 new biomethane production plants across Spain.
Anaergia will be responsible for the supply and construction of concrete tanks with Triton™ digesters, a proprietary technology featuring a patented configuration that significantly enhances process efficiency. In addition, the company will supply advanced mixing systems, also part of its proprietary technology, along with other critical components to facilitate the seamless operations of the plants.
Anaergia is to commence activities on the first project this month, with all the projects in the development plan expected to be fully operational and integrated into Spain’s gas pipeline network within forty-eight months. Anaergia anticipates total revenue of C$184 million from this Agreement, making it the Company’s largest capital sale to date.
“This agreement marks a significant milestone in advancing Spain’s renewable energy sector, fostering economic growth and environmental sustainability. The scale of this historic Agreement for Anaergia highlights the advantages of our strategic focus on leveraging proprietary technologies for the benefit of our customers, and underscores our growing presence and activities in Europe,” said Assaf Onn, CEO of Anaergia. “We are most excited about this opportunity to demonstrate the value of our innovative solutions and to support the global transition to renewable energy.”
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