00:56:38 EDT Wed 18 Mar 2026
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Anaergia Inc
Symbol ANRG
Shares Issued 171,625,266
Close 2026-03-16 C$ 2.31
Market Cap C$ 396,454,364
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Anaergia expands work scope at three biomethane plants

2026-03-17 14:05 ET - News Release

Mr. Assaf Onn reports

ANAERGIA S.R.L. EXPANDS SCOPE AT THREE BIOMETHANE FACILITIES BEING BUILT FOR QGM S.A.R.L. IN ITALY, INCREASING CONTRACTS BY C$17 MILLION

Anaergia SRL, an Italian subsidiary of Anaergia Inc., has signed amendments to three previously announced contracts with an entity owned by QGM SARL relating to the development of three state-of-the-art biomethane production facilities in Ostellato, Copparo and Derovere in northern Italy.

As a result of these amendments, the scope of Anaergia SRL's activities across the three projects has expanded, increasing the company's total contracted value from approximately $68-million to approximately $85-million, representing an increase of $17-million.

The three QGM projects, previously announced on March 31, 2025, and Aug. 6, 2025, will leverage Anaergia's advanced anaerobic digestion technologies to convert a range of agricultural residues into renewable biomethane. The facilities are expected to contribute meaningfully to Italy's decarbonization objectives by supporting the production and injection of renewable gas into the national pipeline network.

"The expansion of our scope across these three projects demonstrates Anaergia's focus on building long-term, repeat partnerships while delivering scalable biomethane solutions," said Assaf Onn, chief executive officer of Anaergia.

About Anaergia Inc.

Anaergia is a pioneering technology company in the RNG (renewable natural gas) sector, with hundreds of patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer and water. It is committed to addressing a significant source of greenhouse gas (GHG) emissions through cost-effective processes. The company's proprietary technologies, combined with its engineering expertise and vast experience in facility design, construction and operation, position Anaergia as a leader in the RNG industry. With a proven record of delivering hundreds of innovative projects over the past decade, Anaergia is 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, Anaergia effectively combines solid-waste processing, waste water treatment, organics recovery, high-efficiency anaerobic digestion and biomethane production. Additionally, Anaergia operates RNG facilities owned by the company, by third parties or through joint ventures. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and waste water treatment while mitigating GHG emissions.

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