Anaergia S.r.l. to Supply Capital Equipment for Co-Digestion to Biomethane System in Livorno, Italy
Anaergia is to supply capital equipment for the Livorno facility, enabling the plant to co-digest food waste and other source-separated organics ('SSO') with wastewater sludge to produce renewable biomethane. This project is to be Italy's first facility to combine these streams for biogas production.
Construction is already underway, with the system expected to be fully operational by December 2026. The total investment in this project is to be approximately C$25 million, and Anaergia expects to recognize revenues of C$3.2 million.
'We are pleased to be partnering with Anaergia on this groundbreaking project for ASA Livorno,' said Francesco Freddo, Head of Commercial Department of RDR. 'Anaergia's proven experience in anaerobic digestion and its expertise in co-digesting organics with wastewater sludge make it the ideal technology partner for this innovative system.'
'While Anaergia's long-standing experience in Italy and in co-digestion globally is well established, we're especially excited to deliver Italy's very first co-digestion plant,' stated Assaf Onn, CEO of Anaergia. 'Leveraging our global expertise with our proven solutions, this project exemplifies how we turn complementary waste streams into valuable energy resources, helping Livorno, and the planet, move toward a sustainable future.'
About ASA Livorno
ASA Livorno is a utility providing integrated water services in the Province of Livorno, in the Region of Tuscany. ASA Livorno is part of Azienda Servizi Ambientali S.p.A ('ASA'), an integrated water service provider and gas distributor, which considers water resources and methane gas to be fundamental assets for life and the development of the planet. In order for these resources to be available in adequate quantities for future generations, the company works to optimize the efficiency and the effectiveness of the processes it utilizes.
For additional information on ASA, please see: https://www.asaspa.it/
About RDR
RDR S.p.A., is a leader in the integrated water sector, specializing in the design, construction, management, maintenance and commissioning of aqueduct works and of water treatment plants. RDR's Plant Design and Construction Division benefits from considerable experience, acquired over the years of activity and it is able to provide a wide range of services to meet specific customer needs.
For additional information on RDR please see: https://www.rdr.it/
About Anaergia
Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases (GHGs) through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are 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, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions.
For additional information on Anaergia please see: www.anaergia.com
Forward-Looking Statements
This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia's current expectations regarding future events, including but not limited to, counterparty contractual performance, and the capability of the Company's technology and performance with respect to the project objectives. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the timing of construction of the new facility, the expected volume of SSO, the expected production of biomethane, the total investment and expected revenues of the project, the capability of the Company's technology and performance with respect to the project objectives, and the sufficient sourcing of food waste and power generation. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, but are not limited to, the factors discussed under 'Risk Factors' in the Company's annual information form for the fiscal year ended December 31, 2024, and under 'Risks and Uncertainties' in the Company's most recent management's discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia's operations or financial results are included in Anaergia's reports on file with Canadian regulatory authorities.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Miami Herald
2 hours ago
- Miami Herald
Popular pizza dining chain files for Chapter 11 bankruptcy again
Most pizza lovers have their favorite restaurant that serves their preferred pie. Often, their favorite pizza parlor is a single, local establishment popular with regular clientele. Sometimes their favorite could be a well-regarded local or regional chain, and sometimes it's a larger, national pizza chain. Don't miss the move: Subscribe to TheStreet's free daily newsletter Competition for the pizza dollar has been fierce between local, regional, and national chains, since the end of the Covid-19 pandemic, and the industry has faced economic challenges over the last year that have forced many restaurant chains to reorganize their businesses in Chapter 11. Related: Iconic pizza chain's franchisees close multiple restaurants Huge Pizza Hut franchisee EYM Pizza L.P., which at one time operated 142 Pizza Hut locations in Georgia, Illinois, Indiana, South Carolina, and Wisconsin, filed for Chapter 11 bankruptcy protection in July 2024 and sold 77 of its restaurants at a bankruptcy auction. Domino's Pizza franchisee, People First Pizza Inc., on March 26, 2025, filed for Chapter 11 bankruptcy protection to reorganize its business, facing over $500,000 in disputed claims. The franchisee planned to continue operating the restaurant. Popular rock and roll-themed pizza restaurant franchise Zeppe's Tavern in Newbury, Ohio, filed for Chapter 11 bankruptcy on March 31, seeking to reorganize its business. The Zeppe's Tavern & Pizzeria chain, which consists of 13 locations in Northeast Ohio and one in Naples, Fla., was established in 1986 by Led Zeppelin fan Joe Ciresi, according to the restaurant's website. The founder combined his love of tasty food and rock and roll, featuring rock and roll videos and live music in the restaurants. Financial distress led East Coast pizza chain Bertucci's Restaurants to file for Chapter 11 protection three times in seven years, with the first time in April 2018. It filed a second time in December 2022, when it operated 31 restaurants and had 15 restaurants when it filed a third time in April 2025. Image source: Shannon O'Hara/Getty Images Finally, San Francisco wood-fired pizza restaurant chain Fiorella has filed for Chapter 11 bankruptcy for a third time in three months to reorganize another location and continue operating. Related: Major iconic food brand files for Chapter 11 bankruptcy Project Pizza Polk LLC, which operates the chain's pizza and Italian restaurant location Fiorella Polk on San Francisco's Polk Street, filed its Subchapter V petition on July 2 in the U.S. Bankruptcy Court for the Northern District of California, listing $100,000 to $500,000 in assets and $1 million to $10 million in liabilities in its petition. More bankruptcy: Iconic auto repair chain franchise files Chapter 11 bankruptcyPopular beer brand closes down and files Chapter 7 bankruptcyPopular vodka and gin brand files for Chapter 11 bankruptcy The debtor's largest creditors include Retail Capital LLC, doing business as Credibly, owed over $232,000; Lightspeed Capital Inc., owed over $181,000; inKind Cards Inc., owed over $86,000; and California Department of Tax & Fee Administration, owed over $57,000. The restaurant's affiliate Project Pizza LLC filed a Subchapter V petition on May 20 for its flagship location, Fiorella Clement, listing $50,000 to $100,000 in assets and $1 million to $10 million in liabilities in its petition. Another affiliate, Project Pizza Sunset LLC, on April 1, 2025, filed a Chapter 11 Subchapter V petition on behalf of its Fiorella Sunset location on 9th Avenue in San Francisco. The restaurant chain did not reveal reasons for filing the bankruptcy petitions. Fiorella also operates a location in San Francisco's Noe Valley neighborhood on 24th Street, but it has not filed a separate Chapter 11 petition at last check. The restaurant chain's partners Boris Nemchenok and Brandon Gillis opened the first location on Clement Street in 2016, followed by the Russian Hill location on Polk Street opening in 2019. The partners opened the Sunset location in 2021 and Noe Valley restaurant in 2024. Related: Popular Dairy Queen rival franchisee files Chapter 11 bankruptcy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Business Wire
15 hours ago
- Business Wire
Spanish Mountain Gold Announces Debt Settlement Agreement
VANCOUVER, British Columbia--(BUSINESS WIRE)--Spanish Mountain Gold Ltd. (the " Company" or " Spanish Mountain Gold") (TSX-V: SPA | FSE: S3Y | OTCQB: SPAUF) announces that it has entered into a debt settlement agreement with Whittle Consulting Ltd., an arm's length creditor of the Company (' Whittle ') to settle an aggregate of $379,720 in outstanding debt (the ' Debt '). In settlement of the Debt, the Company will (i) pay Whittle $14,320, in cash, and (ii) issue 2,110,919 common shares in the capital of the Company (the ' Shares ') as directed by Whittle at a price of $0.1731 per Share (the ' Debt Settlement '). The Debt relates to past services rendered by Whittle Consulting Ltd. to the Company. Closing of the Debt Settlement is subject to a number of customary closing conditions, including, but not limited to, approval from the TSX Venture Exchange. The Shares to be issued in connection with the Debt Settlement will be subject to a statutory four month plus a day hold period in accordance with applicable securities legislation. About Spanish Mountain Gold Ltd. Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project (Project) towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. The Company will publish, within 44 days of this news release, a new NI 43-101 Technical Report setting out the new executable vision to advance the Project. This new NI 43-101 Technical Report, with a de-risked and optimized Preliminary Economic Assessment (PEA) with an updated Mineral Resource Estimate (MRE), will supersede the prior technical report of the Company. Upon receipt of the new PEA and updated MRE, the Company will decide the next steps to advance the Project to position the Company to make a construction decision in or before 2027. We are striving to be a leader in community and Indigenous relations by leveraging technology and innovation to build the 'greenest' gold mine in Canada. The Relentless Pursuit for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities. Details of the Company are available on and on the Company's website: On Behalf of the Board, 'Peter Mah' President, Chief Executive Officer and Director Spanish Mountain Gold Ltd. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. FORWARD LOOKING STATEMENTS: Certain of the statements and information in this press release constitute "forward-looking statements" or "forward-looking information" Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward looking statements and information.
Hamilton Spectator
17 hours ago
- Hamilton Spectator
S&P/TSX composite manages slight gain on real estate strength
TORONTO - Canada's main stock index finished slightly higher Friday, helped by strength in the real estate sector, while U.S. markets were closed for the Fourth of July. The S&P/TSX composite index was up 1.90 points at 27,036.16. Brent Joyce, chief investment strategist and managing director at BMO Private Investment Counsel Inc., said in an interview that gains in real estate stocks are 'interest rate driven,' adding that it appears likely the U.S. Federal Reserve will be cutting interest rates in July. 'Real estate is certainly going to be keying off of interest rates in the short term. In Canada, real estate's a lot of different things, if you think about the logistics area, the warehousing and industrial side of the real estate sector. 'If it's appearing like we're going to have a better outcome than certainly several weeks ago on U.S.-Canada trade, then that's going to boost that part of the real-estate sector as well.' Joyce added that the TSX moving above the 27,000 mark is 'psychologically important.' 'Eleven of the past 13 weeks now we've had advances. With an almost unbroken string of advances for the past three months since April. You've got momentum in these indices; getting through that round number level is a psychological barrier that now could propel things higher,' he said. Going forward, Joyce said he expects more gains on the TSX, reaching beyond the 28,000 mark toward the end of the year. Growth on the TSX, he said, could be driven by both valuation and earnings. In contrast, he said U.S. markets are likely to need earnings growth to justify higher valuation levels. Joyce highlighted a higher degree of certainty in markets following the passing of the massive tax and spending cuts package by the U.S. House of Representatives. He said the next thing for markets to look for is looming trade deals as the clock ticks on U.S. President Donald Trump's July 9 tariff deadline. On U.S.-Canada trade relations, Joyce said Canada went from being 'public enemy No. 1' a few months ago to 'let's just be friends.' 'We've digested that there's going to be some level of tariffs, I think, between Canada and the U.S. And if it comes in better than that, which I think there's a good chance that it can, then this market certainly is going to react positively to that,' he said. He added that tariff uncertainty may cast a fog over upcoming earnings releases in the U.S. for the third quarter. 'We're moving into U.S. earnings season next week and beyond ... I think we're going to have a bit of fog that the market is prepared to look through here, tariff front running, uncertainty, some decisions being delayed perhaps over the past couple of months,' Joyce said. He said markets may 'give companies a bit of a pass' on the quarter, given some of the uncertainty, and instead look at guidance for the end of the year and into next year. The Canadian dollar traded for 73.50 cents US compared with 73.66 cents US on Thursday. The August crude oil contract was down 50 US cents at US$66.50 per barrel. The August gold contract was up US$3.60 at US$3,346.50 an ounce. The commodities prices are snapshots only as there are no settle prices on U.S. holidays. This report by The Canadian Press was first published July 4, 2025. — With files from The Associated Press. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
