Anaergia describes it as the largest industrial AD plant for food and other solid organic waste in New England. In August, Anaergia completed the purchase of the Rhode Island Bioenergy Facility, which previously had been an indirect subsidiary of the company known as Orbit Energy Rhode Island LLC. The firm cites “activity in both the Europe, Middle East and Africa (EMEA) and North American markets” for results that improved on financial losses and just $17.6 million (CA$22.4 million) in revenue one year earlier. In the company’s most recently completed and tabulated financial quarter, ending June 30, Anaergia reported $1.7 million ($2.2 million in Canadian dollars) in net income on $25.2 million (CA$32.1 million) of revenue. The company engages in equipment design, process engineering, equipment manufacturing, project integration, project financing and project execution to handle portions of the municipal solid waste (MSW), wastewater and agri-food discarded materials streams. are among those offering publicly traded shares to invest in those opportunities.Īnaergia says it has taken part in building more than 1,700 resource recovery plants on four continents in the past 25-plus years. Companies like Ontario, Canada-based Anaergia Inc. That does not mean, however, that economic opportunities to handle these materials are nonexistent. Food waste, yard waste and agricultural byproducts may be among the discarded materials for which a global secondary commodities market is an unlikely destination.
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