Anaergia Inc T.ANRG

Alternate Symbol(s): ANRGF

Industrials Waste Management

Anaergia Inc. is a Canada-based company, which provides anaerobic digestion and resource recovery solutions for a cleaner, greener planet. The Company is an integrated waste-to-value platform created to eliminate a major source of greenhouse gases (GHG) by turning organic waste into renewable natural gas (RNG), clean water and natural fertilizer through the use of proprietary technologies. Its solutions include municipal solid waste, wastewater, and agricultural waste. The agriculture industry embraces agricultural waste anaerobic digestion to help meet its sustainability goals and produce energy and other resources. It also provides solutions for organic waste management. Its solutions extract valuable digestate fertilizer using its ammonia removal technology and produce Class A biosolids. Its biogas utilization technologies including biogas conditioning, upgrading to renewable natural gas, and combined heat and power systems produce reliable clean electricity and pipeline gas.

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Anaergia Inc

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Post by nevertrumperon May 12, 2022 8:30am

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Post# 34677048

Scotia Rates ANRG Outperform Target of $18

Scotiabank With Anaergia Q1-22 First Look: "Italian Development Continues to Accelerate"

2022-05-12 08:26:12 AM ET (MT Newswires)

08:26 AM EDT, 05/12/2022 (MT Newswires) -- Scotiabank noted Anaergia Inc. (ANRG.TO), which turns organic waste into natural gas, fertilizer and water, on Thursday reported Q1 Adj. EBITDA of $1.1 million, which was behind its estimate of $3.2M but ahead of consensus of near$0.01M. Additionally, the company is maintaining its 2022 and 2023 guidance as a result of the slower-than-expected ramp up at the Rialto Bioenergy Facility and project execution delays resulting from short-term supply chain issues. In 2022 the company expects a greater than 50% increase in revenues over 2021 and an Adjusted EBITDA margin greater than 10%. Management also noted that the number of opportunities for sales or investment are increasing significantly.

Scotia has a Target of C$18.00. Rating of Sector Outperform.