Canadian renewable natural gas technology supplier Anaergia and sustainable energy company Capwatt have firmed up the first of nine biogas plants in central Italy.
Under the terms of the C$7.3m contract, Anaergia will design and construct the facility, called Metanext, which will produce biomethane from agro-industry waste. It is expected to be operational by the end of June 2026.
The contract follows the binding Letter of Intent with Capwatt previously announced on 21 April, which covers the nine projects.
Expected to be completed over 30 months, they are anticipated to generate a combined total of more than C$60m in revenue for Anaergia.
Sérgio Rocha, CEO of Capwatt, said the Metanext facility would have the capacity to produce 7.6 million cubic metres of biomethane annually.
“It represents a significant step in meeting Capwatt’s commitment to leading sustainable energy production and driving the energy transition in Europe,” he said.
Assaf Onn, CEO of Anaergia, said the contract was a key milestone in its relationship with Capwatt.
“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,” he said.
