Mr. Assaf Onn reports

ANAERGIA, ENI AND CREVOLUTION UNVEIL BREAKTHROUGH PLATFORM TO SCALE DEMAND FOR BIODIESEL AND SAF

Anaergia Inc., through its subsidiary Anaergia SRL, has entered into a contract with Circular Renewable Evolution SRL (CREvolution) to supply its proprietary anaerobic digestion technology as part of a 50-million-euro initiative at Eni's Gela biorefinery. The agreement includes approximately $13-million of Anaergia equipment and systems.

This initiative represents a breakthrough in the sustainable production of hydrotreated vegetable oil (HVO, also referred to as biodiesel, biojet (sustainable aviation fuel, or SAF), Bionafta and BioLPG). These renewable fuels are in exceptionally high global demand, yet few competitors have built scaled, commercially proven solutions. By developing a system designed for replication across global biorefineries, the partnership establishes a clear runway for large-scale rollout in a fast-expanding HVO market.

Transforming waste into scalable low-carbon value

The project integrates Anaergia's advanced anaerobic digestion system with a complementary thermal treatment process to recover and regenerate degumming soil, currently treated externally and often bound for landfill. Anaergia's proprietary high-viscosity digestion technologies are engineered to process challenging, high-dry-matter materials, enabling the facility to:

• Recover over 80 per cent of degumming soil residues;
• Generate more than 70,000 megawatt-hours of renewable natural gas (RNG) annually;
• Materially decarbonize energy use at the Gela refinery;
• Significantly reduce operating and waste disposal costs; installation and commissioning are expected to be completed by May, 2027.

A strong competitive position in a rapidly expanding market

The Gela site will serve as a global demonstration facility, designed to validate a replicable, circular economy model for the HVO sector. With more than 250 HVO plants worldwide and the market projected to expand by over 35 per cent by 2030, the technology positions Anaergia, Eni and CREvolution at the forefront of a sector urgently seeking scalable, low-carbon solutions.

By recovering waste streams and converting them into both reusable raw materials and renewable energy, the project provides a commercially attractive pathway for reducing carbon intensity while lowering operating expenses, a value proposition that is increasingly compelling for biorefineries globally.

Leadership commentary

"This collaboration underscores Anaergia's strength as a technology partner to some of the world's most forward-looking energy companies," said Assaf Onn, chief executive officer of Anaergia. "By transforming what was once considered waste into renewable energy and reusable material, we are enabling a scalable solution for a rapidly growing HVO market."

"Through this initiative, we are setting a new benchmark for sustainable HVO production," said Fabrizio Lami, chief operating officer of CREvolution. "Efficient waste reduction, cost optimization and circularity will be essential competitive differentiators as the HVO market accelerates."

"This initiative demonstrates Eni's commitment to sustainable innovation with measurable impact," said the Eni spokesperson. "By regenerating degumming soil through an integrated process that also produces renewable energy, we significantly reduce waste-disposal costs and operating expenses while advancing circularity across our biorefining operations."

A platform for scalable growth

Once validated, the Gela model is expected to be replicated across Eni's biorefineries and adapted broadly across the global HVO industry. For investors, the initiative:

• Strengthens Anaergia's IP-driven (intellectual property) competitive moat;
• Validates a scalable technology platform aligned with global climate policy tailwinds;
• Provides a pathway for repeat project deployment;
• Reinforces Anaergia's positioning in the global energy transition ecosystem.

About Anaergia Inc.

Anaergia is a pioneering technology company in the RNG (renewable natural gas) sector, with over 300 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer and water. It is committed to addressing a significant source of greenhouse gas (GHG) emissions through cost-effective processes. Anaergia's proprietary technologies, combined with the company's engineering expertise and vast experience in facility design, construction and operation, position Anaergia as a leader in the RNG industry. With a proven record of delivering hundreds of innovative projects over the past decade, Anaergia is well equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, Anaergia effectively combines solid-waste processing, waste water treatment, organics recovery, high-efficiency anaerobic digestion and biomethane production. Additionally, Anaergia operates RNG facilities owned by the company, by third parties or through joint ventures. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and waste water treatment while mitigating GHG emissions.

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