BURLINGTON, Ontario, February 25, 2022–(BUSINESS WIRE)–Anaergia Inc. (“Anergy“or the”Company“) (TSX: ANRG), an integrated waste-to-energy platform created to eliminate greenhouse gases by cost-effectively transforming organic waste into renewable natural gas, fertilizer and water, will report its fourth quarter financial results. 2021 via a press release on Monday March 28, 2022, before market.
Conference call and webcast details
A conference call to review the results will be held at 11:00 a.m. (ET) on Monday, March 28, 2022, hosted by President and Chief Executive Officer Andrew Benedek, Chief Operating Officer Yaniv Scherson and Chief Financial Officer Hani Kaissi. An accompanying slide presentation will be posted to the Investor Relations section of our website shortly before the call.
To participate in the call, please register to receive your personal event participation information at the following pre-registration link:
To listen to the live webcast:
The webcast will be archived and available in the Investor Relations section of our website following the call.
Note on the date of publication of the financial results
Contrary to reports from some news services, March 28, 2022 is the date originally scheduled for the release of these financial results.
Impact of developments in Europe
In light of current events in Eastern Europe, it should be noted that, despite the military conflict and resulting market volatility, European renewable natural gas (RNG) producers, such as Anaergia, are seeing prices of selling much higher GNRs. Over the past eight months, natural gas prices have increased more than fivefold in Western European markets. In addition, the European Union has recently enacted a new policy that recognizes the environmental benefits of RNG and assigns a value to them, which has led to further increases in RNG prices. So, assuming there are no significant changes in current price levels, we expect that our factories in Italy, which are due to start production at the end of this year, will probably be much more profitable than initially expected. .
Anaergia was created to eliminate a major source of greenhouse gases (“GHG”) by cost-effectively transforming organic waste into renewable natural gas (“RNG”), fertilizer and water, using proprietary technologies. With a proven track record delivering leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high-efficiency anaerobic digestion, upgrading biogas , produce fertilizer and clean water. Our customers are in the municipal solid waste, municipal wastewater, agriculture and food processing sectors. In each of these markets, Anaergia has built many successful factories, including some of the largest in the world. Anaergia owns and operates some of the factories it builds, and it also operates factories that are owned by its customers.
This press release contains forward-looking information within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events. Forward-looking information contained or referred to in this press release includes the release and timing of the Company’s fourth quarter results, the timing of the start of production at the Company’s plants in Italy and the Company’s expectations regarding pricing. of RNG and the profitability of its plants. The foregoing forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These risks and uncertainties include, but are not limited to, factors discussed in the Company’s filings with the Canadian securities regulators at www.sedar.com. Actual results could differ materially from those projected here. Anaergia undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.
For more information, please visit: www.anaergia.com
Source: Anaergia, Inc.
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