Anaergia to provide equipment to 15 new biomethane plants in Spain

Anaergia Inc., through its subsidiary Anaergia Srl, has signed a Binding 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.”

Anaergia is on expansion spree. At the beginning of this year, it agreed with EPC major Techbau SPA for the building of five new biogas plants in Italy. A similar agreement was also signed subsequently with Capwatt for the development of nine biogas projects.