- Anaergia (ANRG) has commissioned a new biomethane facility in Italy
- The facility is part of a complex of seven that, once finalized, will be one of the largest food waste-to-biomethane operations in Europe
- The company undertook the construction in partnership with a regional waste management company
- Anaergia uses proprietary technology to turn organic waste into renewable natural gas, fertilizer and water
- Anaergia (ANRG) is up by 0.67 per cent trading at $7.50 per share
Anaergia (ANRG) has commissioned a new biomethane facility in Italy.
The facility, known as the Calimera Bioplant, is the second of seven facilities the company is building. Once completed, the complex will be one of the largest food waste-to-biomethane platforms in Europe.
Calimera can digest 24,000 metric tons of landfill-diverted food scraps and other organic waste per year, which would convert into 2,190,000 cubic metres of renewable natural gas (RNG).
The plant will also treat the digestate that remains after anaerobic digestion creating 9,000 tons per year of natural fertilizer.
Anaergia owns 60 per cent of the facility. Its partner in the venture is a regional waste management company.
The commissioning comes after the European Commission’s pledge of €37B to increase biomethane production in the E.U., which is part of its €300B RePowerEU plan to cease Russian energy imports and move to green energy by 2030.
“With six biomethane plants opening in Italy, Anaergia is well-positioned to help meet the growing demand in Europe for biomethane,” said Andrew Benedek, Chairman and CEO of Anaergia.
Anaergia uses proprietary technology to turn organic waste into renewable natural gas, fertilizer and water.
Anaergia (ANRG) is up by 0.67 per cent trading at $7.50 per share as of 9:36 am EST.
