Anaergia gets C$58 million order from Neogenyx Fuels
Anaergia will provide turnkey manure handling, processing and digestion systems designed to produce over 4,400 standard cubic feet per minute of biogas.
Anaergia Inc, through its subsidiary Anaergia Technologies, has entered into a C$58 million contract with Neogenyx Fuels to deploy its proprietary anaerobic digestion technology at a large-scale agricultural facility in the United States.
Neogenyx Fuels is a newly formed joint venture between Ameresco, Inc. and HA Sustainable Infrastructure Capital, Inc., focused on developing, owning, and operating advanced energy infrastructure and accelerating the growth of renewable fuels.
This agreement enhances Anaergia’s multi-year revenue visibility and reflects increasing demand for proven, scalable renewable natural gas (“RNG”) solutions.
Under the agreement, Anaergia will provide turnkey manure handling, processing and digestion systems designed to produce over 4,400 standard cubic feet per minute of biogas, that will be converted by Neogenyx Fuels into pipeline-quality RNG.
The Company expects to recognize approximately C$58 million of revenue over the next two years and sees potential for additional deployments as Neogenyx Fuels expands its infrastructure portfolio.
The renewable natural gas sector continues to benefit from strong structural growth, supported by regulatory incentives, energy transition policies, and increasing demand for low-carbon, dispatchable fuel solutions. Large-scale agricultural waste projects represent one of the most attractive and underpenetrated segments within this market.
Neogenyx Fuels combines Ameresco’s established capabilities in energy infrastructure development, construction, and operation with HASI’s significant experience in financing sustainable assets, creating a well-capitalized platform with the potential to scale renewable fuel production across North America.
“This contract represents an important step in converting Anaergia’s technology leadership into visible, contracted revenue streams with high-quality counterparties,” said Assaf Onn, Chief Executive Officer of Anaergia.
Anaergia’s integrated technology platform and global project delivery capabilities position the Company to benefit from increasing capital allocation to renewable fuel infrastructure. The Company continues to pursue additional opportunities with financial sponsors and strategic partners across North America and Europe.
About Neogenyx Fuels
Neogenyx Fuels develops, owns, and operates advanced energy infrastructure, converting raw biogas into usable forms of energy, fuel, and biogenic gases designed for resilience and long-term performance.
