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Business Wire
5 days ago
- Business
- Business Wire
Anaergia Reports Second Quarter 2025 Financial Results
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX: ANRG) (OTCQX: ANRGF), a company that offers integrated waste-to-value solutions to reduce greenhouse gases by cost-effectively turning organic waste into renewable natural gas ('RNG'), fertilizer, and water, released its financial results for the three- and six-month periods ended June 30, 2025 ('Q2 2025'), and the related management's discussion and analysis ('MD&A') for the period. All financial results are reported in Canadian dollars unless otherwise stated. Highlights and Management Commentary Anaergia's financial results for the second quarter of 2025 reflect the ongoing strategic transition in its business model. The Company's shift to a capital-light strategy was the primary driver behind our strong quarterly results led by significantly higher revenue, higher gross profit margin, and an increase in Revenue Backlog. Anaergia is uniquely positioned to benefit from the growing demand for sustainable waste solutions, underpinned by a robust market, and regulatory and environmental tailwinds. The Company provides complete, integrated resource recovery solutions globally. Anaergia's products and services respond to regulatory and customer demand for sustainable waste management services that are superior to landfills and composting while producing carbon negative fuel, thereby reducing greenhouse gas emissions. Anaergia is focused on providing cost effective and sustainable solutions that leverage our experience with project development, execution and our network of owned infrastructure. "Reflecting on my first year as CEO at Anaergia, I am excited to highlight the transformative progress we've made. We have strategically redefined Anaergia as a leading technology company in the RNG sector, delivering complete solutions though our capital sales business, and we are well positioned to capture expanding opportunities. Our second-quarter financial results demonstrate significant advancements enabled by our transition to a capital-light business model, clearly showcasing Anaergia's positive trajectory," stated Assaf Onn, Chief Executive Officer of Anaergia. "Additionally, our Revenue Backlog surged to $244 million at the end of the quarter, increasing from $200 million in the previous quarter and $104 million at the start of the year. This growing backlog, along with $43.8 million in new contracts announced since the end of the second quarter, enhances our visibility and optimism for the future. We are enthusiastic about the ongoing transition and remain confident that the most promising developments are yet to come," added Mr. Onn. Financial Results for Q2 2025 Financial highlights: Revenue increased by 36.8%, or $8.7 million, to $32.3 million in Q2 2025, as compared to Q2 2024. Revenue increased primarily due to higher revenue from Capital Sales, most significantly in Italy and North America. Gross profit margin percentage increased to 32.5% in Q2 2025 from 17.6% in Q2 2024, or a 14.9 increase in percentage points. This is attributable to higher margins from all three segments, Capital Sales, Build-Own-Operate ('BOO'), and Operation Maintenance Services ('O&M'). Adjusted EBITDA 1 loss in Q2 2025 of $2.2 million improved by 72.1%, from an Adjusted EBITDA loss of $8.0 million reported in Q2 2024. This positive variance reflects a substantial improvement in our results from operations which was driven by the increases in revenue and in gross profit. Statement of Financial Position 30-Jun-23 31-Dec-24 (In millions of Canadian dollars) Total Assets 226.1 233.3 Total Liabilities 185.5 180.1 Equity 40.6 53.2 Expand For a more detailed discussion of Anaergia's results for Q2 2025, please see the Company's financial statements for Q2 2025 and related MD&A, which are available at the Company's SEDAR+ page at Non-IFRS® Measures This press release makes reference to certain non-International Financial Reporting Standards ('IFRS') measures. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS measures to provide investors with supplemental measures. Management also uses non-IFRS measures internally in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets and assess our ability to meet our future debt service, capital expenditure and working capital requirements. Management believes these non-IFRS measures and industry metrics are important supplemental measures of operating performance because they eliminate items that have less bearing on operating performance and highlight trends in the core business that may not otherwise be apparent when relying solely on IFRS financial measures. Management believes such measures allow for assessment of our operating performance and financial condition on a basis that is more consistent and comparable between reporting periods. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of public companies. Definitions of non-IFRS measures and industry metrics used in this press release are provided below. ' Adjusted EBITDA ' is defined as net earnings before finance costs, taxes and depreciation and amortization adjusted for our normalized proportionate interest in our Build-Own-Operate assets and one-time or non-recurring items, stock-based compensation expense, asset impairment charges and write downs, gains and losses for equity-accounted investees, gain or loss on equity method adjustment, significant one-time provisions, foreign exchange gains or losses, restructuring costs, Enterprise Resource Planning ('ERP') customization and configuration costs, litigation and other claims settlements, gains and losses resulting from changes in certain balance sheet valuations (such as derivatives and warrants) and acquisition costs. ' EBITDA ' is defined as net income before finance costs, taxes and depreciation and amortization. ' Revenue Backlog ' is defined as the balance of unrecognized, undiscounted, consolidated revenues from signed contracts in our Capital Sales and O&M Services segments. For our Capital Sales contracts, we have modeled only projects that have been contracted. For our O&M Services segment, while most of our in-hand contracts are 5-15 years in tenure, we have conservatively modeled for only 3 years of contracted revenue. See 'Reconciliation of Non-IFRS Measures' below for a reconciliation of the foregoing non-IFRS measures to their most directly comparable measures calculated in accordance with IFRS. Conference Call and Webcast Details A conference call to review the Company's financial results will take place at 9:00 a.m. (EDT) on Wednesday August 13, 2025. It will be hosted by management of Anaergia. An accompanying slide presentation will be posted to the Investor Relations section of the Company's website shortly before the call. To listen to the webcast live: The webcast will be archived and available in the Investor Relations section of our website following the call. About Anaergia Anaergia is a pioneering technology company in the renewable natural gas ('RNG') sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases ('GHGs') through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This press release contains 'forward-looking information' within the meaning of applicable securities laws. Forward-looking information may relate to future plans, expectations and intentions, results, levels of activity, performance, goals or achievements, other future events or developments and may include, without limitation, information regarding our financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, plans and objectives. Particularly, information regarding our future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as 'may', 'will', 'would', 'should', 'could', 'expects', 'plans', 'intends', 'estimate', 'believes', 'likely', 'potential', 'continue', or 'future' or the negative or other variations of these words or other comparable words or phrases. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Forward-looking statements in this press release include, among other things, statements relating to financial condition and results of operations; Company's strategic growth plan; and statements regarding the Company's Revenue Backlog and potential future sales. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that we considered appropriate and reasonable as of the date such statements were made. It is also subject to known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in the Company's annual information form and management's discussion and analysis for the year ended December 31, 2024. Certain assumptions in respect of our ability to execute on our expansion plans; our ability to obtain or maintain existing financing on acceptable terms; and our ability of realizing the anticipated benefits of such are material factors underlying forward looking information and management's expectations. The purpose of the forward-looking statements in this press release is to provide the reader with a description of management's current expectations regarding the Company's financial performance and may not be appropriate for other purposes. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only to opinions, estimates and assumptions as of the date made. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this press release, and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. 1 'Adjusted EBITDA' is a non-IFRS measure.
Business Wire
01-08-2025
- Business
- Business Wire
Anaergia S.r.l. to Expand and Upgrade Moglia Anaerobic Digestion Facility for Bioenerys in Italy
TREVIGLIO, Italy, & BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed an agreement with a subsidiary of Bioenerys. Under the terms of this agreement, Anaergia is to significantly increase the capacity and upgrade the capabilities of Bioenerys' Moglia anaerobic digestion facility, which is located in northern Italy. This transformation will increase the capacity of the plant to treat agricultural residues, and produce biomethane, more than doubling the volume of biomethane being injected into the grid by this facility. Anaergia's work on the plant is expected to be completed by the end of 2026, and Anaergia is expecting to recognize revenues of C$11 million from this project. 'We are pleased to be utilizing the world's best available technological systems and expertise to optimize the operations of our Moglia plant,' said Andrea Sgorbini, CEO Bioenerys' Agri unit, which is focused on agricultural residues. 'With this expansion and upgrading, Bioenerys will become an even more significant solutions provider to farmers and other generators of agricultural organic residues, and Bioenerys will also become a bigger generator of renewable energy.' "Anaergia has extensive experience utilizing the most complete suite of organic waste to energy solutions," stated Assaf Onn, CEO of Anaergia. "We are very pleased to be providing a range of proprietary solutions to Bioenerys so that it can increase and improve its operations and also realize economic and environmental benefits." About Bioenerys Bioenerys is a company leader in the production of biomethane that is 100% controlled by Snam Group. Snam's unit leverages the skills and expertise of its two business divisions (Ambiente and Agri) that design, develop, and manage biogas and biomethane plants produced from the processing of the organic fraction of municipal solid waste and agricultural and agro-industrial matrices, respectively. In the past two years, Bioenerys has experienced exponential growth, becoming the leading operator in the biogas-biomethane market in Italy, managing 10 plants dedicated to the treatment of organic waste and 30 for agricultural and agro-industrial matrices, located throughout the country. For further information please see: About Anaergia Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, and the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the timing of the activities for the customer, the expected production of biomethane, the total investment and expected revenues of the project, the capability of the Company's technology and performance with respect to the project objectives, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under 'Risk Factors' in the Company's annual information form for the fiscal year ended December 31, 2024, and under 'Risks and Uncertainties' in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities.
National Post
07-07-2025
- Business
- National Post
Anaergia S.r.l. Signs Contract to Supply Equipment for Upgrading Anaerobic Digestion Facility in Bizkaia, Spain
Article content TREVIGLIO, Italy & BURLINGTON, Ontario — Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed an agreement with PreZero International, the general contractor selected to revamp a materials recycling facility in Bizkaia, near Bilbao, Spain. Article content Upon completion of the upgrade, the Bizkaia facility will have the capacity to process up to 50,000 tons per year of source-separated organics. Anaergia will provide several proprietary technologies, including its CleanREX™ and GritREX™ systems, to process the organics and convert them into biomethane through anaerobic digestion. Under the contract, Anaergia anticipates recognizing revenues of C$7.6 million. Article content 'The solutions provided by Anaergia will help make the Bizkaia facility to become one of the most efficient and sustainable plants in Spain to convert source-separated organics into biomethane,' said Fernando Fernández, Head of Project Execution at PreZero International. 'As a leader in innovation within the industry, PreZero International is pleased that these solutions will help it build a facility that will protect our environment and create sustainable value.' Article content 'Anaergia has provided its systems at many source-separated organics plants in the past,' stated Assaf Onn, CEO of Anaergia. 'However, supplying the first such plant in Spain is a significant milestone as we make the world better with our global footprint and proven expertise.' Article content About PreZero International Article content PreZero International is one of the largest and most comprehensive environmental service providers in Europe. The company is part of The Schwarz Group, which also includes the retail companies Kaufland and Lidl, making it one of the world's largest retailers. As part of this group, it has the unique opportunity to develop new recycling loops that help reduce the consumption of natural resources. PreZero International has developed unique and innovative solutions to meet the needs of waste generators. As an environmental service provider, PreZero is determined to preserve resources along the entire value chain. Every employee is dedicated to the same idea: Avoiding waste and making the future cleaner through efficient and sustainable solutions. To achieve this, we are led by our corporate values. As fundamental principles, they drive our decisions and behaviour, are meaningful, promote trust and motivation and reinforce identification with our company. Article content For further information please see: About Anaergia Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, and the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the timing of the activities for the customer, the expected production of biomethane, the total investment and expected revenues of the project, the capability of the Company's technology and performance with respect to the project objectives, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under 'Risk Factors' in the Company's annual information form for the fiscal year ended December 31, 2024, and under 'Risks and Uncertainties' in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities. Article content
Business Wire
07-07-2025
- Business
- Business Wire
Anaergia S.r.l. Signs Contract to Supply Equipment for Upgrading Anaerobic Digestion Facility in Bizkaia, Spain
TREVIGLIO, Italy & BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed an agreement with PreZero International, the general contractor selected to revamp a materials recycling facility in Bizkaia, near Bilbao, Spain. Upon completion of the upgrade, the Bizkaia facility will have the capacity to process up to 50,000 tons per year of source-separated organics. Anaergia will provide several proprietary technologies, including its CleanREX™ and GritREX™ systems, to process the organics and convert them into biomethane through anaerobic digestion. Under the contract, Anaergia anticipates recognizing revenues of C$7.6 million. 'The solutions provided by Anaergia will help make the Bizkaia facility to become one of the most efficient and sustainable plants in Spain to convert source-separated organics into biomethane,' said Fernando Fernández, Head of Project Execution at PreZero International. 'As a leader in innovation within the industry, PreZero International is pleased that these solutions will help it build a facility that will protect our environment and create sustainable value.' "Anaergia has provided its systems at many source-separated organics plants in the past,' stated Assaf Onn, CEO of Anaergia. 'However, supplying the first such plant in Spain is a significant milestone as we make the world better with our global footprint and proven expertise." About PreZero International PreZero International is one of the largest and most comprehensive environmental service providers in Europe. The company is part of The Schwarz Group, which also includes the retail companies Kaufland and Lidl, making it one of the world's largest retailers. As part of this group, it has the unique opportunity to develop new recycling loops that help reduce the consumption of natural resources. PreZero International has developed unique and innovative solutions to meet the needs of waste generators. As an environmental service provider, PreZero is determined to preserve resources along the entire value chain. Every employee is dedicated to the same idea: Avoiding waste and making the future cleaner through efficient and sustainable solutions. To achieve this, we are led by our corporate values. As fundamental principles, they drive our decisions and behaviour, are meaningful, promote trust and motivation and reinforce identification with our company. For further information please see: About Anaergia Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, and the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the timing of the activities for the customer, the expected production of biomethane, the total investment and expected revenues of the project, the capability of the Company's technology and performance with respect to the project objectives, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under 'Risk Factors' in the Company's annual information form for the fiscal year ended December 31, 2024, and under 'Risks and Uncertainties' in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities.
Business Wire
02-07-2025
- Business
- Business Wire
Anaergia S.r.l. to Supply Capital Equipment for Co-Digestion to Biomethane System in Livorno, Italy
TREVIGLIO, Italy & BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG; OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., entered into a binding agreement with RDR S.p.A. ('RDR'), a leading Italian engineering and construction firm, that has been awarded a public tender by ASA Livorno, operator of the municipal wastewater treatment plant in the City of Livorno, Tuscany. Anaergia is to supply capital equipment for the Livorno facility, enabling the plant to co-digest food waste and other source-separated organics ('SSO') with wastewater sludge to produce renewable biomethane. This project is to be Italy's first facility to combine these streams for biogas production. Construction is already underway, with the system expected to be fully operational by December 2026. The total investment in this project is to be approximately C$25 million, and Anaergia expects to recognize revenues of C$3.2 million. 'We are pleased to be partnering with Anaergia on this groundbreaking project for ASA Livorno,' said Francesco Freddo, Head of Commercial Department of RDR. 'Anaergia's proven experience in anaerobic digestion and its expertise in co-digesting organics with wastewater sludge make it the ideal technology partner for this innovative system.' 'While Anaergia's long-standing experience in Italy and in co-digestion globally is well established, we're especially excited to deliver Italy's very first co-digestion plant,' stated Assaf Onn, CEO of Anaergia. 'Leveraging our global expertise with our proven solutions, this project exemplifies how we turn complementary waste streams into valuable energy resources, helping Livorno, and the planet, move toward a sustainable future.' About ASA Livorno ASA Livorno is a utility providing integrated water services in the Province of Livorno, in the Region of Tuscany. ASA Livorno is part of Azienda Servizi Ambientali S.p.A ('ASA'), an integrated water service provider and gas distributor, which considers water resources and methane gas to be fundamental assets for life and the development of the planet. In order for these resources to be available in adequate quantities for future generations, the company works to optimize the efficiency and the effectiveness of the processes it utilizes. For additional information on ASA, please see: About RDR RDR S.p.A., is a leader in the integrated water sector, specializing in the design, construction, management, maintenance and commissioning of aqueduct works and of water treatment plants. RDR's Plant Design and Construction Division benefits from considerable experience, acquired over the years of activity and it is able to provide a wide range of services to meet specific customer needs. For additional information on RDR please see: About Anaergia Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For additional information on Anaergia please see: Forward-Looking Statements This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, and the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the timing of construction of the new facility, the expected volume of SSO, the expected production of biomethane, the total investment and expected revenues of the project, the capability of the Company's technology and performance with respect to the project objectives, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under 'Risk Factors' in the Company's annual information form for the fiscal year ended December 31, 2024, and under 'Risks and Uncertainties' in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities.
