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

Anaergia Inc., through its subsidiary, Anaergia S.r.l., has signed a binding agreement with Techbau S.p.A., 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 soon be fully constructed and able to provide renewable biomethane to Italy’s gas pipeline grid.

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.

Courtesy of Anaergia.

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