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

Executive Summary

• Anaergia’s Italian subsidiary amended three biomethane project contracts with QGM, expanding the total contracted value from C$68 million to approximately C$85 million (+C$17 million).
• The amendments increase expected revenue streams and reinforce Anaergia’s long‑term partnership strategy in Italy’s renewable natural gas (RNG) market.
• Projects remain focused on converting agricultural residues into biomethane for injection into the national pipeline, supporting Italy’s decarbonisation goals.

Key Details

• Amended Contracts: Three contracts covering biomethane facilities in Ostellato, Copparo, and Derovere (northern Italy).
• Scope Expansion: Total contracted value rises from ~C$68 M to ~C$85 M, an increase of C$17 million.
• Revenue Impact: The additional C$17 M represents incremental expected revenue for Anaergia, reflecting a material positive financial development.
• Project Technology: Facilities will employ Anaergia’s advanced anaerobic digestion systems to process agricultural residues into renewable biomethane.
• Strategic Importance: Enhances Anaergia’s presence in the European RNG sector and aligns with Italy’s objectives for renewable gas production and pipeline injection.
• CEO Comment: “The expansion of our scope across these three projects demonstrates Anaergia’s focus on building long‑term, repeat partnerships while delivering scalable biomethane solutions.” – Assaf Onn, CEO.

Notable Quotes

“The expansion of our scope across these three projects demonstrates Anaergia’s focus on building long‑term, repeat partnerships while delivering scalable biomethane solutions,” — Assaf Onn, Chief Executive Officer.