Key Takeaways
- Anaergia Inc. (TSX: ANRG) has secured a C$58 million contract with Neogenyx Fuels to deploy its proprietary anaerobic digestion technology at a large-scale agricultural facility in the United States.
- Neogenyx Fuels is a newly formed joint venture between Ameresco (NYSE: AMRC) and HASI (NYSE: HASI), combining energy infrastructure development expertise with sustainable asset financing capabilities.
- The system will be designed to produce over 4,400 standard cubic feet per minute of biogas, which Neogenyx Fuels will convert into pipeline-quality renewable natural gas (RNG).
- Anaergia expects to recognise approximately C$58 million in revenue over the next two years, with potential for additional deployments as Neogenyx Fuels expands its infrastructure portfolio.
- The deal reflects growing structural demand for large-scale agricultural waste-to-RNG projects, supported by regulatory incentives and energy transition policies across North America.
Anaergia Wins C$58M Contract with Neogenyx Fuels for US Agricultural RNG Project
Anaergia Inc. (TSX: ANRG; OTCQX: ANRGF), through its subsidiary Anaergia Technologies, has entered into a C$58 million contract with Neogenyx Fuels to deploy its proprietary anaerobic digestion technology at a large-scale agricultural facility in the United States. The agreement provides Anaergia with two years of contracted revenue visibility and signals growing institutional demand for proven, scalable renewable natural gas solutions in the agricultural sector.
Neogenyx Fuels: Ameresco and HASI Joint Venture
Neogenyx Fuels is a newly formed joint venture between Ameresco, Inc. (NYSE: AMRC) and HA Sustainable Infrastructure Capital, Inc. (NYSE: HASI). The partnership combines Ameresco's energy infrastructure development, construction, and operational capabilities with HASI's experience financing sustainable assets, creating a well-capitalised platform for scaling renewable fuel production across North America.
Project Scope and Revenue Outlook For Anaergia
Under the agreement, Anaergia will deliver turnkey manure handling, processing, and digestion systems designed to produce over 4,400 standard cubic feet per minute of biogas. Neogenyx Fuels will then convert that biogas into pipeline-quality RNG. Anaergia expects to recognise the full C$58 million in revenue over the next two years, and sees potential for further deployments as Neogenyx Fuels grows its infrastructure footprint.
“This contract represents an important step in converting Anaergia's technology leadership into visible, contracted revenue streams with high-quality counterparties,” said Assaf Onn, Chief Executive Officer of Anaergia.
Agricultural Waste as a Core RNG Opportunity
The renewable natural gas sector continues to benefit from regulatory incentives, energy transition policy support, and rising demand for low-carbon fuel solutions. Anaergia characterises large-scale agricultural waste projects as one of the most attractive and underpenetrated segments within the RNG market. The company says it continues to pursue additional opportunities with financial sponsors and strategic partners across North America and Europe.
