Anaergia and TisVet Sign Technology Agreement for Project in Hungary
MT newswire2026/09/29 11:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:10 AM EDT, 09/29/2026 (MT Newswires) -- Anaergia (ANRG.TO) and Hungarian poultry producer TisVet Kft entered into an agreement under which Anaergia's unit, Anaergia Srl, will supply technology and engineering services for a new anaerobic digestion facility in Hungary, subject to certain conditions, the company said Tuesday. Anaergia expects the project to generate revenues of CA$36 million. It also expects the project to be fully operational by the second half of 2028. The company's proprietary feeding system, and mixing and dewatering technologies are expected to be included in this new anaerobic digestion plant. The plant is expected to treat 122,000 tonnes per year of agricultural waste, producing 5 MW of electric energy, the company said. Shares of the company closed up 7.8% to CA$2.49 on Monday on the Toronto Stock Exchange.
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