Anaergia’s Tønder plant will supply CO2 to European Energy A/S for the production of green e-methanol as fuel for container ships

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BURLINGTON, Ontario — Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today that it has signed an agreement with European Energy A/S (“European Energy”). Under the terms of this agreement, Anaergia will supply European Energy with up to 60,000 tonnes per year of liquefied biogenic carbon dioxide (“CO2”) for a period of 10 years.

Biogenic carbon dioxide is carbon dioxide that is released during the decomposition of organic matter such as food waste. All of Anaergia’s factories use organic waste to produce biogas, which is made up of methane and carbon dioxide. Once this gas is processed, Anaergia produces pipeline-grade renewable natural gas and a clean stream of carbon dioxide that is normally released into the atmosphere from which it originates. Biogenic carbon dioxide from organic materials is considered a desirable feedstock for low-carbon fuels because its use does not add new carbon to our atmosphere.

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European Energy, a major multinational producer of renewable wind and solar energy, will produce green e-methanol from this biogenic CO2. Under an agreement that European Energy had previously entered into with A.P. Moller–Maerska global leader in integrated container logistics services, with operations in 130 countries, green e-methanol will be used to power the first container ship that AP Moller – Maersk has built to run on this carbon-neutral fuel.

Anaergia will supply the liquefied CO2 from the anaerobic digesters that will operate in its plant under construction in Tønder, Denmark. Through this agreement with European Energy, Anaergia will build a state-of-the-art CO2 liquefaction system in the plant.

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“The benefit for us is the ability to sell the biogenic CO2 from our factories that is produced when we convert organic matter into methane and CO2. By selling this CO2 instead of venting it back into the atmosphere, our factories are helping to decarbonise hard-to-reduce sectors, like shipping, while also becoming more profitable as we turn this waste gas from our factories into a useful fuel.” , said Andrew Benedek, president and CEO of Anaergia.

“This is a great example of carbon capture and use (“CCU”), a critical step on the road to net zero emissions. We look forward to working with European Energy on this innovative venture, and potentially working with them on other projects in the future as the need for green methanol increases globally,” added Dr. Benedek.

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Knud Erik Andersen, co-founder and CEO of European Energy added: “We are delighted to partner with Anaergia for the supply of biogenic CO2 to our Danish e-methanol plants. In Anaergia, we have found a partner who, like European Energy, is committed to fighting climate change through new technologies that can have a real impact. We look forward to working with Anaergia, not only in Denmark, but also worldwide. »

About European Energy

European Energy develops, finances, builds and operates wind and solar farms as well as large-scale hydrogen and e-methanol plants. Based in Copenhagen, Denmark, the company has a strong track record as a renewable energy operator in its 24 countries of operation. Founded in 2004, European Energy has a development pipeline of over 20 GW of renewable energy projects.

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About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases by cost-effectively converting 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.

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Forward-looking information

This press release contains forward-looking information within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events, including statements regarding the ability of our technologies and projects to process approximately two-thirds of all point source methane emissions and our business plans, growth strategies and ESG initiatives. 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, the factors described under “Risk Factors” in the Company’s Annual Information Form dated March 28, 2022 for the year ended December 31, 2021. Actual results could differ significantly 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 see: www.anaergia.com

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220817005252/en/

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For Media Relations: Melissa Bailey, Director, Marketing and Corporate Communications, [email protected]
For investor relations: [email protected]

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