Anaergia and JGC Holdings Company Signal LOI for New RNG Challenge in Japan

Anaergia offering climate-friendly resolution for mixed streams of agricultural waste and meals waste

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KANAGAWA, Japan & BURLINGTON, Ontario — Anaergia Inc. (“Anaergia”, the “Firm”, “us”, or “our”) (TSX: ANRG), introduced that its subsidiary, Anaergia Singapore Pte Ltd., entered right into a Letter of Intent (LOI) to provide know-how and gear to JGC Holdings Company (JGC) for a renewable pure gasoline (RNG) venture.

The gear to be supplied by the Firm beneath the LOI contains Anaergia’s feedstock pretreatment resolution, anaerobic digestion with its distinctive digester design for prime throughput and effectivity, and digestate administration resolution. The ability is predicted to absorb greater than 56,000 tons per yr of cow manure and greater than 5,000 tons per yr of meals waste. These natural waste streams are to be transformed into roughly 1,700,000 cubic metres per yr of biomethane equal of renewable pure gasoline in addition to fertilizer.

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“Anaergia’s built-in technical options will allow JGC to develop a singular facility that may soak up two totally different waste streams and can generate renewal gasoline that may considerably decarbonize gas provide,” mentioned Masahiro Aika, Government Vice President of JGC. “Subsequently, this facility will replicate our dedication to enhancing the intertwined well being of people and the Earth,” added Mr. Aika.

“This venture is one other instance of Anaergia’s differentiated capabilities getting used to assist growth of large-scale RNG infrastructure initiatives,” mentioned Assaf Onn, CEO of Anaergia. “Moreover, I consider this facility shall be an vital reference web site in Japan, a market during which we see thrilling potential,” added Mr. Onn.

About JGC Holdings Company

Since its founding in 1928, JGC Holdings Company has delivered crops and services serving a variety of functions, primarily within the power industries, resembling LNG, oil, pure gasoline and petrochemical crops, but in addition different power and industrial infrastructure. JGC Holdings Company has executed some 20,000 initiatives in additional than 80 nations and its confirmed capabilities have established its popularity as a number one engineering contractor worldwide. With our company function “Enhancing planetary well being”, we intend to additional promote the enlargement of our enterprise fields and contribute to financial progress, industrial development and sustainable progress all through the world.

About Anaergia

Anaergia is a pioneering know-how firm within the renewable pure gasoline (RNG) sector, with over 250 patents devoted to changing natural waste into sustainable options resembling RNG, fertilizer, and water. We’re dedicated to addressing a major supply of greenhouse gases (GHGs) by cost-effective processes. Our proprietary applied sciences, mixed with our engineering experience and huge expertise in facility design, building, and operation, place Anaergia as a frontrunner within the RNG business. With a confirmed observe file of delivering tons of of modern initiatives over the previous decade, we’re well-equipped to deal with as we speak’s important useful resource restoration challenges by numerous venture supply strategies. As one of many few firms worldwide providing an built-in portfolio of end-to-end options, we successfully mix stable waste processing, wastewater remedy, organics restoration, high-efficiency anaerobic digestion, and biomethane manufacturing. Moreover, we function RNG services owned by each third events and Anaergia. This complete strategy not solely reduces environmental affect but in addition considerably lowers prices related to waste and wastewater remedy whereas mitigating GHG emissions.

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For additional info please see: www.anaergia.com

Ahead-Trying Statements

This information launch accommodates forward-looking info throughout the which means of relevant securities laws, which displays Anaergia’s present expectations relating to future occasions, together with however not restricted to the Firm’s expectations relating to the quantity of feedstock and amount of biomethane equal of renewable pure gasoline and fertilizer beneath the Letter of Intent, in addition to the potential enterprise alternatives within the Japanese market. Ahead-looking info relies on quite a lot of assumptions, together with, however not restricted to counterparty contractual efficiency, the aptitude of the Firm’s know-how and efficiency with respect to the venture targets, and the ample sourcing of feedstock and energy technology. The Firm is topic to quite a lot of dangers and uncertainties, a lot of that are past the Firm’s management. Such dangers and uncertainties embody, however should not restricted to, the elements mentioned beneath “Threat Components” within the Firm’s annual info kind for the fiscal yr ended December 31, 2023, and beneath “Dangers and Uncertainties” within the Firm’s most up-to-date administration’s dialogue and evaluation. Precise outcomes may differ materially from these projected herein. Anaergia doesn’t undertake any obligation to replace such forward-looking info, whether or not on account of new info, future occasions or in any other case, besides as expressly required beneath relevant securities legal guidelines. Extra info on these and different elements that might have an effect on Anaergia’s operations or monetary outcomes are included in Anaergia’s stories on file with Canadian regulatory authorities.