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Anaergia Announces Completion of Strategic Investment with Marny Investissement SA

Jul 10, 2024almost 2 years ago

Contract Type

partnership

BurlingtonAgriculture and FarmingRenewable Energy

Description

Anaergia Inc. has announced the completion of the third tranche of the Strategic Investment of C$40.8 million from Marny Investissement SA. This investment includes the issuance of 36,750,000 units of the Company for gross proceeds of C$14.7 million.

Company Information

Company

Anaergia

Location

Burlington, Ontario, Canada

About

Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (RNG), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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