16:38:57 EDT Tue 07 Jul 2026
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Anaergia Inc
Symbol ANRG
Shares Issued 172,378,069
Close 2026-07-06 C$ 2.75
Market Cap C$ 474,039,690
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Anaergia signs supply contract with RF Corval

2026-07-07 13:26 ET - News Release

Mr. Assaf Onn reports

ANAERGIA AUSTRALIA PTY LTD. TO SUPPLY ADVANCED ANAEROBIC DIGESTION TECHNOLOGY FOR GOODNESS GROWN FACILITY IN AUSTRALIA

Anaergia Inc., through its subsidiary Anaergia Australia Pty Ltd., has entered into a contract with RF Corval Pty. Ltd. to deliver proprietary technology and equipment for an advanced anaerobic digestion facility at Goodness Grown's farm production site in Tongala, Australia.

The facility is being designed to process up to 120,000 tonnes per year of mixed agricultural and commercial feedstocks. It is also expected to generate over 100 terajoules per year of gross biogas energy with the potential to displace a significant portion of the adjacent greenhouse's liquid petroleum gas consumption. Captured heat and CO2 (carbon dioxide) will be recovered and supplied to the adjoining glasshouse operations to support on-site energy and CO2 requirements.

This project received funding from the Australian Renewable Energy Agency (ARENA) as part of ARENA's National Industrial Transformation Program.

Anaergia will deliver a comprehensive suite of services and proven technologies, including its proprietary PSM Mixers and Service Box Pro equipment. The plant is expected to be operational within two years and will convert organic waste into renewable biomethane. Anaergia anticipates total contract revenue of approximately $14-million.

"This project aligns with our investors' expectations that Corval projects have a meaningful focus on sustainability and helps establish a point of difference for Goodness Grown as the most sustainably grown tomatoes in Australia," said Andrew Jackson, head of agricultural real estate at Corval.

"This is the first project of its kind in Australia's food production sector and is a cornerstone of Goodness Grown's strategy to decarbonize production and demonstrate scalable circular-economy solutions," noted Paul Geurtsen, project director of Goodness Grown.

"Our new contract with Corval is a strategically significant flagship project for Anaergia in the growing Australia and New Zealand region. It marks an important step in establishing our presence and supporting our growth as a leading technology provider in the region's expanding bioenergy sector," added 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 (greenhouse gas) emissions.

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