Latest news with #biomethane
Yahoo
25-06-2025
- Business
- Yahoo
Sao Martinho SA (BSP:SMTO3) Q4 2025 Earnings Call Highlights: Navigating Challenges and ...
Sales Volume: Decreased by approximately 38% compared to the previous quarter. Sugar Production: Dropped by 46% quarter-on-quarter. Ethanol Volume: Decreased by 33%, but price increased by 33.2%. EBITDA: Declined by 33%. EBIT: Down by 45%. Cash Income: Reduced by 42%. Sugarcane-based Ethanol Cost: Increased by 2% to BRL2,017 per ton. Margin: Decreased from 20.8% to 18.2%. Net Debt: Ended March '25 at BRL4.9 billion, 1.4 times net debt over EBITDA. CapEx: BRL2.7 billion, slightly below the initial estimate of BRL2.8 billion. Corn Ethanol Cash Cost: BRL2,789 per cubic meter. Cane Ethanol Cash Cost: Lower than corn ethanol at BRL2,600 per cubic meter. Debt Growth: Attributed to compensation to shareholders and judicial deposits. Warning! GuruFocus has detected 5 Warning Signs with BSP:SMTO3. Release Date: June 24, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Sao Martinho SA (BSP:SMTO3) managed to maintain ethanol net income in line despite a 33% drop in volume, thanks to strategic sales timing. The company anticipates a 5% reduction in both ethanol and sugar costs due to lower diesel oil prices and improved cost management. Corn ethanol production at Boa Vista mill showed significant cash generation, with a breakeven cost of BRL1.6 per liter, highlighting its competitiveness. Sao Martinho SA (BSP:SMTO3) completed major projects, including a high-pressure boiler and biomethane plant, which are expected to enhance revenue and EBITDA. The company is focusing on optimizing its industrial portfolio and agricultural investments, aiming for increased resilience and productivity. Sao Martinho SA (BSP:SMTO3) experienced a 38% decrease in sales volume in Q4 due to fires impacting sugarcane production. EBITDA, EBIT, and cash income dropped significantly by 33%, 45%, and 42% respectively, reflecting the challenging quarter. The company faced a 46% drop in sugar production quarter-on-quarter, primarily due to fire-related disruptions. There is uncertainty in sugar and ethanol production guidance due to recent market events and climate impacts. The judicial deposits related to registered warrants remain unresolved, tying up significant financial resources. Q: Can you provide an update on the corn ethanol plant expansion and your capital allocation strategy? A: Fabio Venturelli, CEO, stated that the decision on the corn ethanol plant expansion is pending and expected in the second half of the year. The project aims to increase capacity to 585,000 tons of corn, with completion targeted for mid-2027. The company is also considering renting corn storage to optimize CapEx. Capital allocation will focus on the corn ethanol project and biomethane, with no current plans to acquire other mills. Q: What are the expectations for corn ethanol cash generation and inventory levels for the next crop year? A: Fabio Venturelli noted that the corn ethanol plant generated nearly BRL300 million in cash last year. With lower corn prices and stable ethanol prices, the company anticipates improved cost efficiency. They aim to avoid high inventory levels by March, focusing on hydrous ethanol to expedite credit monetization. Q: Could you elaborate on the increase in hydrous ethanol credits and the company's production targets? A: Felipe Vicchiato, CFO, explained that the increase in hydrous ethanol credits is due to judicial decisions allowing credit for inputs. The company plans to maximize hydrous ethanol production to monetize these credits over the next two to three years. The target is to reach 24 million tons of crushing, with investments in technology and climate resilience. Q: How do you view the future of sugarcane and corn ethanol markets in Brazil? A: Fabio Venturelli emphasized the importance of technological advancements in sugarcane to maintain competitiveness. He foresees a consolidation in the industry, with fewer but more efficient players. Corn ethanol will complement sugarcane ethanol, ensuring Brazil remains a leader in renewable energy production. Q: What is the status of the judicial deposits related to registered warrants? A: Fabio Venturelli stated that the judicial deposits amount to BRL2.3 billion, related to PIS and COFINS taxes on registered warrants. The legal process is ongoing and slow, but the deposits are accruing interest at the Selic rate, ensuring asset value preservation. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
11-06-2025
- Business
- National Post
Anaergia S.r.l. Expands Collaboration With Techbau for Additional Anaerobic Digestion Facilities in Italy
Article content Expanding Existing Contract from 5 to 7 Biomethane Production Plants Article content TREVIGLIO, Italy & BURLINGTON, Ontario — Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed a revised contract with Techbau S.p.A. ('Techbau'), a leading Italian company specializing in large-scale engineering and construction projects, to build two new biomethane production plants in Italy. This revised contract is an expansion of the contact announced on April 2, 2025, and it brings the total number of facilities Anaergia is supplying for Techbau to seven. Article content Anaergia S.r.l. will supply state-of-the-art equipment for the biomethane production process for each of the facilities, while Techbau will serve as the general contractor, responsible for the engineering, procurement, and construction of the facilities that are to be strategically located across Southern Italy. These facilities will use Anaergia's advanced anaerobic digestion technologies to produce renewable biomethane from various agricultural and food processing wastes, supporting Italy's commitment to sustainable energy and decarbonization goals. Article content All seven plants are expected to be fully constructed and operational, supplying renewable biomethane to Italy's gas pipeline grid by mid-2026. Under the expanded contract, Anaergia anticipates recognizing additional revenues of C$9.2 million, bringing the total anticipated revenues for all seven projects with Techbau to over C$36 million. Article content 'Anaergia has developed a unique combination of experience and expertise, enabling us to effectively meet our clients' needs within efficient timeframes,' stated Assaf Onn, CEO of Anaergia. 'However, we are particularly gratified that this increase in the number of projects we are working on for Techbau also demonstrates the positive relationship and the high level of trust between our companies.' Article content About Techbau Article content Techbau is an Italian leader in the design and execution of complex infrastructure and industrial projects. Renowned for its innovative approach and technical expertise, the company operates across multiple sectors, including energy, transport, and manufacturing. Techbau's robust capabilities and proven track record make it a trusted partner for high-value projects both in Italy and abroad. Article content About Anaergia Article content 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. Article content For further information please see: 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, 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 full development and funding of construction of the seven facilities, 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, 2023, 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. Article content Article content
Associated Press
11-06-2025
- Business
- Associated Press
Anaergia S.r.l. Expands Collaboration With Techbau for Additional Anaerobic Digestion Facilities in Italy
TREVIGLIO, Italy & BURLINGTON, Ontario--(BUSINESS WIRE)--Jun 11, 2025-- Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., has signed a revised contract with Techbau S.p.A. ('Techbau'), a leading Italian company specializing in large-scale engineering and construction projects, to build two new biomethane production plants in Italy. This revised contract is an expansion of the contact announced on April 2, 2025, and it brings the total number of facilities Anaergia is supplying for Techbau to seven. Anaergia S.r.l. will supply state-of-the-art equipment for the biomethane production process for each of the facilities, while Techbau will serve as the general contractor, responsible for the engineering, procurement, and construction of the facilities that are to be strategically located across Southern Italy. These facilities will use Anaergia's advanced anaerobic digestion technologies to produce renewable biomethane from various agricultural and food processing wastes, supporting Italy's commitment to sustainable energy and decarbonization goals. All seven plants are expected to be fully constructed and operational, supplying renewable biomethane to Italy's gas pipeline grid by mid-2026. Under the expanded contract, Anaergia anticipates recognizing additional revenues of C$9.2 million, bringing the total anticipated revenues for all seven projects with Techbau to over C$36 million. 'Anaergia has developed a unique combination of experience and expertise, enabling us to effectively meet our clients' needs within efficient timeframes,' stated Assaf Onn, CEO of Anaergia. 'However, we are particularly gratified that this increase in the number of projects we are working on for Techbau also demonstrates the positive relationship and the high level of trust between our companies.' About Techbau Techbau is an Italian leader in the design and execution of complex infrastructure and industrial projects. Renowned for its innovative approach and technical expertise, the company operates across multiple sectors, including energy, transport, and manufacturing. Techbau's robust capabilities and proven track record make it a trusted partner for high-value projects both in Italy and abroad. 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 further information please see: Forward-Looking StatementsView source version on For media and/or investor relations please contact:[email protected] KEYWORD: EUROPE ITALY NORTH AMERICA CANADA INDUSTRY KEYWORD: ENVIRONMENT OIL/GAS SUSTAINABILITY ALTERNATIVE ENERGY GREEN TECHNOLOGY ENERGY SOURCE: Anaergia Inc. Copyright Business Wire 2025. PUB: 06/11/2025 09:20 AM/DISC: 06/11/2025 09:18 AM
National Post
20-05-2025
- Business
- National Post
Anaergia S.r.l. and Capwatt Sign Contract for the First of Nine New Biogas Plants
Article content Article content TREVIGLIO, Italy & BURLINGTON, Ontario — Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., entered into a contract with Capwatt Biomethane Unipessoal, Lda ('Capwatt'). Under the terms of this C$7.3 million contract, Anaergia S.r.l. will design and construct an advanced facility, Metanext. Located in central Italy, Metanext will produce biomethane from agro-industry waste. The facility is expected to be operational by the end of June 2026. Article content This contract follows the binding Letter of Intent ('LOI') with Capwatt previously announced on April 21, 2025, for a total of nine projects. These projects, expected to be completed over 30 months, are anticipated to generate a combined total of more than C$60 million in revenue for Anaergia. Anaergia S.r.l. is to oversee the design of each facility, incorporating advanced processes and proprietary systems such as anaerobic digesters, significantly enhancing Europe's green energy infrastructure and accelerating biomethane production. The Metanext project represents the first of these nine projects. Article content 'The Metanext facility will have the capacity to produce 7.6 million cubic meters of high-quality biomethane annually,' stated Sérgio Rocha, CEO of Capwatt. 'It represents a significant step in meeting Capwatt's commitment to leading sustainable energy production and driving the energy transition in Europe.' Article content 'This contract is a key milestone in our relationship with Capwatt, transitioning from the previously announced LOI to initiating the first project under that agreement,' said Assaf Onn, CEO of Anaergia. 'Leveraging Anaergia's technical expertise and equipment, this project will showcase our ability to deliver multiple projects simultaneously, fulfilling Capwatt's needs, as demonstrated in our past collaborations.' Article content About Capwatt Article content Capwatt, a multinational group specializing in sustainable energy solutions, has made biomethane a strategic priority in its drive to support decarbonization. With a portfolio of bioenergy projects at various stages of development, the company reaffirms its commitment to sustainable resource management and to advancing a low-carbon economy. Capwatt currently operates in Portugal, Spain, Italy, and Mexico. Article content 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. Article content 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, the timing for operations under the contract the expected revenue of Metanext and other projects under the LOI, as well the capacity, goals and benefits of the projects. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the full development and funding of the projects, the capability of the Company's technology with respect to the project objectives, the enforcement of organic waste recycling laws, and the actual diversion of food waste from regional landfills. 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. Article content Article content Article content Article content
Yahoo
20-05-2025
- Business
- Yahoo
Anaergia S.r.l. and Capwatt Sign Contract for the First of Nine New Biogas Plants
Parties sign contract for Metanext anaerobic digestion facility in Italy TREVIGLIO, Italy & BURLINGTON, Ontario, May 20, 2025--(BUSINESS WIRE)--Anaergia Inc. ("Anaergia", the "Company", "us", or "our") (TSX:ANRG) (OTCQX:ANRGF), through its subsidiary, Anaergia S.r.l., entered into a contract with Capwatt Biomethane Unipessoal, Lda ("Capwatt"). Under the terms of this C$7.3 million contract, Anaergia S.r.l. will design and construct an advanced facility, Metanext. Located in central Italy, Metanext will produce biomethane from agro-industry waste. The facility is expected to be operational by the end of June 2026. This contract follows the binding Letter of Intent ("LOI") with Capwatt previously announced on April 21, 2025, for a total of nine projects. These projects, expected to be completed over 30 months, are anticipated to generate a combined total of more than C$60 million in revenue for Anaergia. Anaergia S.r.l. is to oversee the design of each facility, incorporating advanced processes and proprietary systems such as anaerobic digesters, significantly enhancing Europe's green energy infrastructure and accelerating biomethane production. The Metanext project represents the first of these nine projects. "The Metanext facility will have the capacity to produce 7.6 million cubic meters of high-quality biomethane annually," stated Sérgio Rocha, CEO of Capwatt. "It represents a significant step in meeting Capwatt's commitment to leading sustainable energy production and driving the energy transition in Europe." "This contract is a key milestone in our relationship with Capwatt, transitioning from the previously announced LOI to initiating the first project under that agreement," said Assaf Onn, CEO of Anaergia. "Leveraging Anaergia's technical expertise and equipment, this project will showcase our ability to deliver multiple projects simultaneously, fulfilling Capwatt's needs, as demonstrated in our past collaborations." About Capwatt Capwatt, a multinational group specializing in sustainable energy solutions, has made biomethane a strategic priority in its drive to support decarbonization. With a portfolio of bioenergy projects at various stages of development, the company reaffirms its commitment to sustainable resource management and to advancing a low-carbon economy. Capwatt currently operates in Portugal, Spain, Italy, and Mexico. For further information please see: 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 further information please see: 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, the timing for operations under the contract the expected revenue of Metanext and other projects under the LOI, as well the capacity, goals and benefits of the projects. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the full development and funding of the projects, the capability of the Company's technology with respect to the project objectives, the enforcement of organic waste recycling laws, and the actual diversion of food waste from regional landfills. 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. View source version on Contacts For media and/or investor relations please contact: IR@
