Anaergia to Supply Organic Waste to Energy Solution to PepsiCo in Colombia

Food production facility to utilize its waste stream to produce energy, while reducing Scope 1 and 2 emissions

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BURLINGTON, Ontario — Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today that its Canadian subsidiary, Anaergia DB Inc., has entered into an integrated technology supply contract with PepsiCo Alimentos Z.F. LTDA (“PepsiCo”) to provide its high-efficiency digestion technology and integrated biogas conditioning and upgrading technology at PepsiCo’s food production facility in Funza, part of the Metropolitan Area of Bogotá, Colombia.

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The biogas system supplied by Anaergia will convert approximately 50,000 tons per year of organic residues produced at the facility into renewable natural gas to be used within the facility, offsetting the use of fossil natural gas from the grid and reducing greenhouse gas emissions by up to 3,700 tons per year of CO₂.

“By utilizing Anaergia’s solutions at our Funza facility, PepsiCo will be generating renewable natural gas from our residue streams and reducing our carbon footprint,” said Jim Andrews, Chief Sustainability Officer at PepsiCo. “This project is another transformative initiative by PepsiCo, as we progress towards our carbon reduction commitment,” added Mr. Andrews.

“South America is now the third continent where Anaergia is providing systems to PepsiCo facilities,” said Assaf Onn, CEO of Anaergia. “By providing our proven solutions to create renewable fuel and energy from organic waste, we are helping our customers achieve their environmental and economic objectives globally,” added Mr. Onn.

About PepsiCo Colombia

PepsiCo is a global food and beverage manufacturer with a product portfolio that includes some of the most beloved brands in the world. PepsiCo Colombia is the third largest of PepsiCo’s businesses in Latin America, after Brazil and Mexico. PepsiCo Colombia has been serving consumers since 1947, with a food and beverage portfolio of more than 20 brands. PepsiCo Colombia has two production plants, seven distribution centers, and more than 3,800 employees.

About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases (“GHGs”) by cost effectively turning organic waste into renewable natural gas (“RNG”), fertilizer and water through the use of proprietary technologies. With a track record of delivering innovative projects, Anaergia is uniquely positioned to provide solutions to today’s most pressing resource recovery challenges using a broad portfolio of proven technologies and multiple project delivery methods. Anaergia is one of the world’s only companies with a proprietary portfolio of end-to-end solutions that integrate solid waste processing as well as wastewater treatment with organics recovery, high efficiency anaerobic digestion, RNG production and recovery of fertilizer and water from organic residuals. The combination of these technologies enhances carbon-negative biogas, clean water and natural fertilizer production, utilizes a minimized footprint and lowers waste and wastewater treatment costs and GHG emissions.

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For further information please see: www.anaergia.com

Forward-Looking Statements

This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects Anaergia’s current expectations regarding future events, including but not limited to, the value of the technology supply contract and the development, funding, goals and benefits of the project. Forward-looking information is based on a number of assumptions, including, but not limited to counterparty contractual performance, the full development and funding of the project, the capability of the Company’s technology with respect to the project objectives, the enforcement of organic waste recycling laws, and the actual diversion of food waste from regional landfills. The Company is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual information form for the fiscal year ended December 31, 2023 and under “Risks and Uncertainties” in the Company’s most recent management’s discussion and analysis. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws. Additional information on these and other factors that could affect Anaergia’s operations or financial results are included in Anaergia’s reports on file with Canadian regulatory authorities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241223606586/en/

Contacts

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