Anaergia

What Anaergia does

Anaergia (TSX:ANRG, OTCMKTS:ANRGF) is a Burlington, Ontario-based technology provider that converts organic waste streams—including municipal wastewater biosolids, mixed municipal solid waste, agricultural residues, and food processing waste—into renewable natural gas (RNG/biomethane), natural fertilizer, and clean water. The company operates an integrated technology stack of more than ten proprietary product families spanning organics extraction (OREX), high-solids anaerobic digestion (Omnivore), biogas conditioning and upgrading (BUG), high-solids mixing (PSM Smart Mixing System and OmniMix), ammonia and nutrient recovery (AMR), pyrolysis (PyroSys), polishing and separation (Organics Polishing System, UTS Separator Systems, CleanREX), and membrane bioreactor systems (Fibreplate). These systems are protected by 240–300+ patents and have been deployed across 1,700+ installations in 17+ countries on four continents.

The company generates revenue through five distinct streams: (i) one-time capital equipment sales of proprietary systems, (ii) build-own-operate / build-operate-transfer / public-private partnership (BOO/BOT/PPP) project structures that produce recurring RNG, tip fee, and fertilizer revenue over multi-decade asset lives, (iii) recurring operations and maintenance (O&M) services for both Anaergia-owned and customer-owned plants, (iv) engineering, procurement, and construction (EPC) contracts typically valued between C$8 million and C$58 million per project, and (v) technology licensing for joint ventures. Manufacturing is conducted in-house at the Dorfen (Germany) and Ovada (Italy) plants. The company serves municipal water and wastewater utilities, municipal solid waste agencies, agricultural operations, food and beverage processors, and energy utilities across North America, Europe, Asia, and Africa through 10 offices and two dedicated manufacturing facilities.

For FY2025 Anaergia reported revenue of $180.2 million, up 61% year-over-year, with Q1 2026 revenue of $55.2 million (up 122% year-over-year) and a $265 million revenue backlog as of Q1 2026. The company achieved three consecutive quarters of positive Adjusted EBITDA in 2025–2026, reversing a $26.9 million FY2024 loss. Marny Investissement SA has held a 60.9% controlling stake since July 2024 following a C$40.8 million strategic investment.

Name

Anaergia

Legal name

Anaergia Inc.

Website

https://anaergia.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Anaergia (TSX:ANRG) provides proprietary anaerobic digestion and resource recovery technologies that convert organic waste into renewable natural gas, fertilizer, and clean water for municipal, agricultural, and industrial customers across 17+ countries.

Ownership category

akta.pro rank

Product category

Waste-to-Energy Equipment and Services

NAICS

Sewage Treatment Facilities (221320), Waste Treatment and Disposal (5622), Materials Recovery Facilities (562920)

SIC

Refuse Systems (4953), Sanitary Services (4950)

akta.pro primary industry

Anaerobic Digestion (AD) & Biogas/RNG Production (Organics Feedstocks) (BPALAEAC)

akta.pro secondary industries

Biogas/RNG Plant Development, EPC & Project Delivery (EUAAAEAH), Anaerobic Treatment & Resource Recovery (Biogas/Co-digestion) (EUANADAH), Digestate Processing, Nutrient Recovery & Fertilizer Products (Struvite, Ammonia, Compost) (EUAAAEAL), Food Waste-to-Energy (Organic Waste AD & Thermal) (EUACAIAH), Industrial Waste-to-Energy (Non-Hazardous Process Wastes) (EUACAIAI)

Keywords

• Anaerobic digestion systems
• Renewable natural gas production
• Waste-to-energy solutions
• Biogas upgrading equipment
• Organic waste processing

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Capital Equipment Sales: Sale of proprietary anaerobic digestion equipment, biogas upgrading systems, OREX organics extraction, PSM mixers, and other mechanical equipment to municipalities, industrial companies, and project developers. Revenue recognized over project execution timeline, typically 1-2 years for large contracts.
2. Build-Own-Operate (BOO/BOT/PPP) Projects: Company designs, finances, builds, owns, and operates waste-to-RNG facilities. Generates recurring revenue from renewable natural gas production and sales, tip fees for waste acceptance, and fertilizer sales. Examples include Rialto Bioenergy Facility and SoCal Biomethane Facility.
3. Operations & Maintenance (O&M) Services: Long-term service and management contracts for facilities owned by customers. Provides day-to-day operations, maintenance, optimization, and compliance management. Revenue recognized on a recurring annual or multi-year basis.
4. Project Engineering and Integration: Engineering, procurement, and construction (EPC) contracts for design and build of biogas facilities. Revenue recognized over project execution timeline with significant contract values (C$8M to C$58M per project).
5. Technology Licensing and Process Packages: Licensing of proprietary technologies and process packages to joint ventures and project developers, such as the joint venture with Tozzi Sud and Isolmec Group for the Ora Biogas project in Italy.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Anaergia designs, manufactures, and sells proprietary anaerobic digestion and resource recovery technologies that convert organic waste (wastewater biosolids, municipal solid waste, agricultural waste, food processing waste) into renewable natural gas (RNG/biomethane), fertilizer, and clean water. The company delivers solutions through capital equipment sales, engineering/procurement/construction (EPC) contracts, operations and maintenance (O&M) services, and build-own-operate (BOO/BOT/PPP) project structures.

Product overview

Anaergia is a global provider of integrated waste-to-value solutions offering a comprehensive portfolio of proprietary technologies for converting organic waste into renewable natural gas, clean water, and fertilizer. The product portfolio is organized around core anaerobic digestion technologies (Omnivore™ for high-solids digestion, OREX™ for organics extraction) and supporting systems for biogas conditioning (Biogas Conditioning), upgrading (BUG™), mixing (PSM Smart Mixing System, OmniMix™), separation (UTS Separators), and downstream processing (Organics Polishing System, PyroSys™ pyrolysis, AMR™ ammonia recovery, Fibreplate™ membrane bioreactor, CleanREX™ depackaging). These modular technologies can be delivered as equipment sales, service/management solutions, or fully outsourced build-own-operate arrangements. The company holds over 240 patents and has deployed solutions at 1,700+ installations across 17 countries on four continents.

Differentiator

Problem solved

Functional benefit

Brands

• BUG™ Biogas Upgrading System: Modular biogas upgrading system for RNG production with patented 3-stage membrane technology
• OREX™
• Omnivore™
• PSM Smart Mixing System
• AMR™
• CleanREX™

Products and services

• Omnivore High Solids Anaerobic Digestion Advanced high-solids anaerobic digestion system that triples digestion capacity of existing digesters by increasing solids concentration from 2-3% to 5-8%, enabling co-digestion of multiple organic waste streams in existing infrastructure. Sold to municipal wastewater utilities and industrial operators.
• OREX Organics Extrusion Press Patented organics extraction technology that recovers over 90% of putrescible organics from mixed municipal solid waste without requiring source separation, producing a clean wet fraction for anaerobic digestion. Sold to municipal solid waste authorities and waste management operators.
• BUG Biogas Upgrading System Modular biogas upgrading system that converts raw biogas into pipeline-quality renewable natural gas (RNG) with greater than 98% methane purity and greater than 99% methane recovery using patented 3-stage membrane technology. Sold to biogas plant operators and gas utilities.
• PSM Smart Mixing System High-solids mixing solution featuring Permanent Synchronous Motor (PSM) mixers with patented service box, supporting up to 15% solids and allowing real-time adjustment of mixer speed, direction, and height during operation without taking the digester offline. Sold to digester operators.
• Biogas Conditioning Systems Modular biogas treatment systems for VOC, siloxane, and H2S removal using lead-lag contaminant removal vessels, protecting combined heat and power (CHP) equipment, compressors, and downstream membranes. Sold to biogas plant operators.
• Organics Polishing System (OPS) Pre-digestion cleaning solution that removes fine contaminants including grit, plastics, glass, and inert materials from recovered organic streams using dynamic cyclone and hydrocyclone separation. Sold to digestate management operators.
• UTS Separator Systems (Filter Screw Press) Solids separation systems (FSP, MSU, MSU PRO models) that efficiently separate solids from organic slurries and digestates, supporting solids concentrations up to 12-14%. Sold to digestate processing operators.
• AMR Ammonia Recovery Technology Proprietary technology that uses waste heat to extract over 90% of nitrogen, potassium, and phosphorus from high-strength waste streams, producing various digestate fertilizers. Sold to wastewater utilities and agricultural operators.
• PyroSys Pyrolysis System Pyrolysis technology that converts dewatered biosolids or digestate into Class A-EQ pyrolyzed biosolids, reducing volume by 10x and eliminating contaminants of emerging concern including PFAS and PFOA. Sold to wastewater utilities.
• CleanREX Depackaging System Food waste depackaging system that separates inorganic materials such as plastic, paper, metals, glass, and stones from waste streams, producing clean organic feedstock for anaerobic digestion. Sold to food waste processing operators.
• OmniMix Submersible Mixer Submersible propeller mixer with gearless, direct-drive permanent synchronous motor for high-solids digestion applications, operating below 12.7 kW with automatic viscosity sensing. Sold to digester operators.
• Fibreplate Hybrid Membrane Bioreactor Next-generation hybrid membrane bioreactor for filtrate and wastewater recycling, treating extracted water from digestate processing for reuse. Sold to digestate management operators.
• Build-Own-Operate (BOO/BOT/PPP) Project Development Anaergia finances, designs, builds, owns, and operates waste-to-RNG facilities for municipalities and industrial customers, generating recurring revenue from renewable natural gas sales, tip fees, and fertilizer sales. Examples include Rialto Bioenergy Facility and SoCal Biomethane Facility.
• Operations and Maintenance (O&M) Services Long-term service and management contracts for facilities owned by customers and Anaergia-owned plants, providing day-to-day operations, maintenance, biological management, process optimization, and compliance management. Recognized on a recurring annual or multi-year basis.
• Engineering, Procurement and Construction (EPC) Services Engineering, procurement, and construction contracts for design and build of biogas facilities. Major contracts range from C$8 million to C$58 million per project, recognized over project execution timeline.

Quantifiable outcome

• Up to 220,200 metric tonnes CO2e avoided per year at Rialto Bioenergy Facility
• +12 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature10 records

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• Neogenyx Fuels (Joint venture of Ameresco Inc. and HA Sustainable Infrastructure Capital)coreStrategic or Co-development PartnerNeogenyx Fuels is a newly formed joint venture (spun off from Ameresco's renewable fuels segment) with HASI committing $400 million at an implied valuation of $1.8 billion. Anaergia secured a C$58 million contract to deploy its proprietary anaerobic digestion technology at a large-scale agricultural facility in Nebraska, producing over 4,400 standard cubic feet of biogas per minute. Revenue expected over two years with potential for additional deployments. Neogenyx aims to accelerate development to four to six RNG projects per year.
• Eni S.p.A. / CREvolution (Circular Renewable Evolution S.r.l.)coreStrategic or Co-development PartnerAnaergia S.r.l. signed a €50 million contract with CREvolution to supply proprietary anaerobic digestion technology at Eni's Gela biorefinery in Sicily. Anaergia's equipment and systems valued at approximately C$13 million. Project aims to recover over 80% of degumming soil residues and generate more than 70,000 MWh of RNG annually. Expected to serve as demonstration facility for replication across Eni's global biorefinery network. Targeted completion May 2027.
• Anew Climate LLCmajorStrategic or Co-development PartnerAnew Climate serves as the commercial partner marketing RNG and supporting utility offtake for the SoCal Biomethane Facility under California's SB 1440 Biomethane Procurement Program. Acts as Core Transport Agent for RNG compliance and offtake. The project received conditional CPUC approval in March 2026 and began deliveries in June 2026.
• Vanguard RenewablesmajorChannel Partner/ Reseller/ DistributorC$8 million contract for Anaergia to supply advanced anaerobic digestion technology for a facility in Minnesota, involving proprietary PSM mixers and Biogas Upgrading system. This is Anaergia's fourth technology deployment with Vanguard Renewables, supporting Vanguard's expansion of organics recycling operations across the U.S.
• Tozzi Sud / Isolmec GroupminorStrategic or Co-development PartnerAnaergia S.r.l. entered a joint venture with Tozzi Sud and Isolmec Group to build a biogas facility in Basilicata, Italy. Anaergia provides a C$22 million technology package for processing agricultural residues into biomethane. Expected operation start June 2026.
• Capwatt Biomethane Unipessoal LdaminorChannel Partner/ Reseller/ DistributorFirst Capwatt contract signed for the Metanext biogas plant design and construction in central Italy. Facility will produce 7.6 million cubic meters of biomethane annually from agro-industry waste. First of nine projects planned over 30 months between the two companies. Expected operation June 2026.
• QGM S.á.r.l. (Italy)minorChannel Partner/ Reseller/ DistributorAnaergia S.r.l. expanded scope at three biomethane production projects in Italy for QGM S.á.r.l., increasing contracted value from approximately C$68 million to C$85 million (additional C$17 million). Projects involve converting agricultural residues into renewable biomethane for Italy's gas network.
• Southwest Gas CorporationmajorChannel Partner/ Reseller/ DistributorSouthwest Gas Corporation is the utility offtake partner receiving RNG deliveries from the SoCal Biomethane Facility under California's SB 1440 Biomethane Procurement Program. Marked the first commercial RNG delivery under this program. CPUC conditionally approved the long-term procurement contract in March 2026.
• East County Advanced Water Purification Joint Powers Authority (San Diego County)majorChannel Partner/ Reseller/ DistributorJPA awarded Anaergia a $31.9 million (later reported as C$43.8M) design-build contract to install a renewable power facility using anaerobic digestion and CHP at the East County wastewater treatment plant in San Diego County. Construction scheduled to begin early 2026 with two-year completion.

Scale indicators14 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Brightmark Energy: U.S.-based renewable energy company focused on anaerobic digestion of dairy manure and organic waste to produce renewable natural gas. Directly competes with Anaergia in the agricultural and food waste AD/RNG segments with similar technology offerings.
• Opal Fuels: U.S.-based renewable natural gas producer operating dairy manure and landfill gas-to-RNG projects. Competes directly with Anaergia in the agricultural RNG market with similar vertical integration from project development through pipeline injection.
• Bioenergy DevCo: U.S.-based anaerobic digestion developer focused on food waste and organic waste-to-RNG projects in the Northeast. Directly comparable to Anaergia's OREX/Omnivore-based food waste AD facilities, sharing target customers (municipalities) and SB 1440 / CFR regulatory positioning.
• Vanguard Renewables: U.S.-based renewable energy company developing farm-based anaerobic digestion and food waste-to-RNG projects. Functions as both customer and competitor in the agricultural/organics AD space, having deployed Anaergia technology four times.
• Hitachi Zosen Inova: Swiss-Japanese EPC firm providing anaerobic digestion and waste-to-energy plant design, construction, and operation globally. Competes with Anaergia in delivering turnkey AD/biogas facilities to municipal and industrial customers.
• EnviTec Biogas AG: German-based manufacturer and operator of anaerobic digestion plants producing biogas, biomethane, and bio-LNG. Directly comparable to Anaergia's European operations with similar end-to-end AD technology and BOO project delivery model.
• PlanET Biogas Group: German manufacturer of anaerobic digestion technology and full-service biogas plant provider. Competes with Anaergia Technologies GmbH in supplying AD equipment, mixing systems, and biogas upgrading solutions to European agricultural and industrial customers.
• Capwatt: Portuguese biomethane and AD developer with expansion in Italy. Both customer (nine planned projects with Anaergia) and competitor in the European agricultural-residue-to-biomethane segment.

Broad incumbents

• Ameresco: U.S.-based clean energy and energy efficiency integrator that has spun off its renewable fuels segment into Neogenyx Fuels (joint venture with HASI, $1.8B implied valuation). Functions as both strategic partner and broader competitor in the RNG and AD infrastructure space.
• VERBIO Vereinigte BioEnergie AG: German bioenergy producer of biodiesel, bioethanol, and biomethane. Larger established player with broader product portfolio that overlaps with Anaergia's RNG/biomethane output, particularly in the European agricultural feedstock market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AnaergiaInc
• YouTubeyoutube.com/channel/UCNs8fDs_XNyymISdmOIV71g
• LinkedInlinkedin.com/company/anaergia-inc-
• Facebookfacebook.com/AGAnaergia

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries8 records

Funding overview

Funding rounds9 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anaergia