{"success":true,"data":{"pressRelease":{"id":"157735","rtpr_id":"nBwltYz7a-20261001","ticker":"ANRG","exchange":"TSX","all_tickers":["ANRG"],"title":"Anaergia Signs Definitive Agreement to Divest Non-Core Assets, Charlotte and Rhode Island Bioenergy Facilities","author":"Business Wire","published_at":"2026-10-01T10:30:00.176Z","article_body":"Anaergia Signs Definitive Agreement to Divest Non-Core Assets, Charlotte and\nRhode Island Bioenergy Facilities\n\nThe transaction is expected to improve earnings profile, remove approximately\nC$20 million of project-level debt and provide Anaergia with approximately C$9\nmillion of equity in the buyer\n\nAnaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG; OTCQX: ANRGF)\nannounced today that certain of its affiliates, together with IIF Anaergia\nHoldCo, LLC (“North Sky”), have entered into a definitive Master Purchase\nAgreement (the “Agreement”).\n\nUnder the Agreement, the buyer has acquired the assets of Charlotte Bioenergy\nFacility (“CBF”) in Charlotte, North Carolina, and 100% interests in the\nRhode Island Bioenergy Facility HoldCo, LLC and Rhode Island Bioenergy\nFacility, LLC (“RIBF”) in Johnston, Rhode Island (the “Transaction”).\n\nThe Transaction advances Anaergia’s strategy to concentrate its portfolio\naround profitable growth opportunities and eliminate the negative earnings\nassociated with non-core assets, as CBF has not been operating and RIBF has\nbeen operating below its expected capacity.\n\nUnder the Transaction, Anaergia sold CBF and deconsolidated its interest in\nRIBF. Approximately C$20 million of project-level debt will be removed from\nAnaergia’s balance sheet. In exchange, Anaergia has received approximately\nC$9 million of equity in the buyer, a privately held company. The Transaction\nis expected to result in a non-cash gain on sale.\n\n“This definitive agreement is a meaningful step in Anaergia’s\ntransformation,” said Assaf Onn, Chief Executive Officer of Anaergia. “It\naddresses two non-core facilities, is expected to reduce project-level debt\nand improve our earnings profile. At the same time, the equity consideration\nallows Anaergia to retain potential upside through an ownership interest in\nthe buyer. The Transaction enables our team to focus capital and management\nattention on the technologies, projects and markets where we see the strongest\nopportunities for profitable growth.”\n\nAbout Anaergia\n\nAnaergia Inc. is a global technology and project delivery company focused on\nconverting organic waste into renewable natural gas, fertilizer, and clean\nwater. Through its proprietary technologies, engineering expertise, and\nintegrated portfolio of solutions, Anaergia helps municipalities, utilities,\nindustrial customers, and project owners reduce waste management costs,\nrecover valuable resources, and lower greenhouse gas emissions. The Company\noffers comprehensive end-to-end capabilities spanning solid waste processing,\nwastewater treatment, organics recovery, anaerobic digestion, biomethane\nproduction, facility construction, and long-term operations.\n\nFor further information, please see: www.anaergia.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.anaergia.com&esheet=54613862&newsitemid=20261001233647&lan=en-US&anchor=www.anaergia.com&index=1&md5=891f875f722dfb24efa163fe6ea6293f)\n\nForward-Looking Statements\n\nThis news release contains forward-looking information within the meaning of\napplicable securities legislation, including statements regarding the form,\namount, value, allocation, liquidity and transferability of the consideration;\nclosing and post-closing adjustments; the expected accounting, debt, earnings\nand cash effects of the Transaction; transition arrangements; and the\nanticipated strategic and other benefits of the Transaction. Forward-looking\ninformation is based on a number of assumptions, including that the parties\nwill perform their obligations, and closing adjustments and indemnification\nclaims will not materially reduce the consideration ultimately realized by\nAnaergia. The Company is subject to a number of risks and uncertainties, many\nof which are beyond its control, including counterparty risk; the risk that\nthe timing, terms, value or accounting effects of the Transaction may differ\nfrom those anticipated; and risks arising from the valuation, illiquidity,\nlock-up, transfer restrictions and potential cancellation of the\nprivate-company securities to be received. Additional risks and uncertainties\nare described under “Risk Factors” in the Company’s annual information\nform for the fiscal year ended December 31, 2025, and under “Risks and\nUncertainties” in the Company’s most recent management’s discussion and\nanalysis. Actual results could differ materially from those projected herein.\nAnaergia undertakes no obligation to update forward-looking information,\nwhether as a result of new information, future events or otherwise, except as\nrequired by applicable securities laws. Additional information on these and\nother factors that could affect Anaergia’s operations or financial results\nis included in Anaergia’s public filings with Canadian securities regulatory\nauthorities.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261001233647/en/\n(https://www.businesswire.com/news/home/20261001233647/en/)\n\nFor media or investor relations inquiries: IR@Anaergia.com\n(mailto:IR@Anaergia.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwltYz7a-20261001","title":"Anaergia Signs Definitive Agreement to Divest Non-Core Assets, Charlotte and Rhode Island Bioenergy Facilities","author":"Business Wire","ticker":"ANRG","created":"2026-10-01T10:30:00.176Z","tickers":["ANRG"],"exchange":"TSX","article_body":"Anaergia Signs Definitive Agreement to Divest Non-Core Assets, Charlotte and\nRhode Island Bioenergy Facilities\n\nThe transaction is expected to improve earnings profile, remove approximately\nC$20 million of project-level debt and provide Anaergia with approximately C$9\nmillion of equity in the buyer\n\nAnaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG; OTCQX: ANRGF)\nannounced today that certain of its affiliates, together with IIF Anaergia\nHoldCo, LLC (“North Sky”), have entered into a definitive Master Purchase\nAgreement (the “Agreement”).\n\nUnder the Agreement, the buyer has acquired the assets of Charlotte Bioenergy\nFacility (“CBF”) in Charlotte, North Carolina, and 100% interests in the\nRhode Island Bioenergy Facility HoldCo, LLC and Rhode Island Bioenergy\nFacility, LLC (“RIBF”) in Johnston, Rhode Island (the “Transaction”).\n\nThe Transaction advances Anaergia’s strategy to concentrate its portfolio\naround profitable growth opportunities and eliminate the negative earnings\nassociated with non-core assets, as CBF has not been operating and RIBF has\nbeen operating below its expected capacity.\n\nUnder the Transaction, Anaergia sold CBF and deconsolidated its interest in\nRIBF. Approximately C$20 million of project-level debt will be removed from\nAnaergia’s balance sheet. In exchange, Anaergia has received approximately\nC$9 million of equity in the buyer, a privately held company. The Transaction\nis expected to result in a non-cash gain on sale.\n\n“This definitive agreement is a meaningful step in Anaergia’s\ntransformation,” said Assaf Onn, Chief Executive Officer of Anaergia. “It\naddresses two non-core facilities, is expected to reduce project-level debt\nand improve our earnings profile. At the same time, the equity consideration\nallows Anaergia to retain potential upside through an ownership interest in\nthe buyer. The Transaction enables our team to focus capital and management\nattention on the technologies, projects and markets where we see the strongest\nopportunities for profitable growth.”\n\nAbout Anaergia\n\nAnaergia Inc. is a global technology and project delivery company focused on\nconverting organic waste into renewable natural gas, fertilizer, and clean\nwater. Through its proprietary technologies, engineering expertise, and\nintegrated portfolio of solutions, Anaergia helps municipalities, utilities,\nindustrial customers, and project owners reduce waste management costs,\nrecover valuable resources, and lower greenhouse gas emissions. The Company\noffers comprehensive end-to-end capabilities spanning solid waste processing,\nwastewater treatment, organics recovery, anaerobic digestion, biomethane\nproduction, facility construction, and long-term operations.\n\nFor further information, please see: www.anaergia.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.anaergia.com&esheet=54613862&newsitemid=20261001233647&lan=en-US&anchor=www.anaergia.com&index=1&md5=891f875f722dfb24efa163fe6ea6293f)\n\nForward-Looking Statements\n\nThis news release contains forward-looking information within the meaning of\napplicable securities legislation, including statements regarding the form,\namount, value, allocation, liquidity and transferability of the consideration;\nclosing and post-closing adjustments; the expected accounting, debt, earnings\nand cash effects of the Transaction; transition arrangements; and the\nanticipated strategic and other benefits of the Transaction. Forward-looking\ninformation is based on a number of assumptions, including that the parties\nwill perform their obligations, and closing adjustments and indemnification\nclaims will not materially reduce the consideration ultimately realized by\nAnaergia. The Company is subject to a number of risks and uncertainties, many\nof which are beyond its control, including counterparty risk; the risk that\nthe timing, terms, value or accounting effects of the Transaction may differ\nfrom those anticipated; and risks arising from the valuation, illiquidity,\nlock-up, transfer restrictions and potential cancellation of the\nprivate-company securities to be received. Additional risks and uncertainties\nare described under “Risk Factors” in the Company’s annual information\nform for the fiscal year ended December 31, 2025, and under “Risks and\nUncertainties” in the Company’s most recent management’s discussion and\nanalysis. Actual results could differ materially from those projected herein.\nAnaergia undertakes no obligation to update forward-looking information,\nwhether as a result of new information, future events or otherwise, except as\nrequired by applicable securities laws. Additional information on these and\nother factors that could affect Anaergia’s operations or financial results\nis included in Anaergia’s public filings with Canadian securities regulatory\nauthorities.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261001233647/en/\n(https://www.businesswire.com/news/home/20261001233647/en/)\n\nFor media or investor relations inquiries: IR@Anaergia.com\n(mailto:IR@Anaergia.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-01T10:30:00.239090724Z","server_sent_at_ms":1790850600239},"received_at":"2026-10-01T10:30:00.322Z","source_url":"https://www.businesswire.com/news/home/20261001233647/en/"},"analysis":{"id":"146393","press_release_id":"157735","analysis_json":{"industry":{"label":"Environmental & Facilities Services","sector":"Industrials"},"redFlags":["consideration is equity in a privately held buyer subject to illiquidity, lock-up and transfer restrictions","closing adjustments and indemnification claims could reduce consideration ultimately realized","divested facilities were non-operating (CBF) or underperforming (RIBF), implying asset write-downs already occurred"],"eventType":"m_and_a","narrative":"Anaergia signed a definitive Master Purchase Agreement to divest the Charlotte Bioenergy Facility and its interests in the Rhode Island Bioenergy Facility as non-core assets.\n\nThe deal removes approximately C$20 million of project-level debt from Anaergia's balance sheet, with Anaergia receiving approximately C$9 million of equity in the privately held buyer and an expected non-cash gain on sale.\n\nCEO Assaf Onn framed the transaction as a meaningful step in the company's transformation, concentrating capital on profitable growth; however, the equity consideration is in a private, potentially illiquid company.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Anaergia sheds two underperforming bioenergy assets, cutting C$20M of project debt and swapping them for a C$9M stake in the buyer."},"keyFigures":{"dealValueUsd":"approximately C$20 million project-level debt removed plus C$9 million equity consideration","customDimensions":{"equity_consideration_cad":9000000,"project_debt_removed_cad":20000000}},"quotedText":"This definitive agreement is a meaningful step in Anaergia's transformation","namedEntities":{"people":[{"name":"Assaf Onn","role":"CEO"}],"products":["Charlotte Bioenergy Facility (CBF)","Rhode Island Bioenergy Facility (RIBF)"],"companies":[{"name":"Anaergia Inc.","ticker":"ANRG","relationship":"seller/filer"},{"name":"IIF Anaergia HoldCo, LLC (North Sky)","relationship":"co-selling affiliate"},{"name":"Rhode Island Bioenergy Facility HoldCo, LLC","relationship":"divested asset"},{"name":"Rhode Island Bioenergy Facility, LLC","relationship":"divested asset"},{"name":"Charlotte Bioenergy Facility","relationship":"divested asset"}],"dollarAmounts":[{"amount":"C$20 million","context":"project-level debt removed from balance sheet"},{"amount":"C$9 million","context":"equity in buyer received as consideration"}]},"materialImpact":{"score":3,"reasoning":"Definitive agreement to divest two non-core bioenergy facilities removes ~C$20M of project-level debt and is expected to improve the earnings profile with a non-cash gain. Positive balance-sheet cleanup for a small-cap, but modest deal size and illiquid private equity consideration limit market impact."},"tickerRelevance":{"others":[{"ticker":"ANRGF","relevance":"OTCQX listing of same issuer"}],"primary":"ANRG"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"small-cap divestiture","balanceSheetImpact":"C$20M debt removal","considerationQuality":"illiquid private equity"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Anaergia signed a definitive Master Purchase Agreement to divest the Charlotte Bioenergy Facility and its interests in the Rhode Island Bioenergy Facility as non-core assets.\n\nThe deal removes approximately C$20 million of project-level debt from Anaergia's balance sheet, with Anaergia receiving approximately C$9 million of equity in the privately held buyer and an expected non-cash gain on sale.\n\nCEO Assaf Onn framed the transaction as a meaningful step in the company's transformation, concentrating capital on profitable growth; however, the equity consideration is in a private, potentially illiquid company.","key_figures":{"dealValueUsd":"approximately C$20 million project-level debt removed plus C$9 million equity consideration","customDimensions":{"equity_consideration_cad":9000000,"project_debt_removed_cad":20000000}},"named_entities":{"people":[{"name":"Assaf Onn","role":"CEO"}],"products":["Charlotte Bioenergy Facility (CBF)","Rhode Island Bioenergy Facility (RIBF)"],"companies":[{"name":"Anaergia Inc.","ticker":"ANRG","relationship":"seller/filer"},{"name":"IIF Anaergia HoldCo, LLC (North Sky)","relationship":"co-selling affiliate"},{"name":"Rhode Island Bioenergy Facility HoldCo, LLC","relationship":"divested asset"},{"name":"Rhode Island Bioenergy Facility, LLC","relationship":"divested asset"},{"name":"Charlotte Bioenergy Facility","relationship":"divested asset"}],"dollarAmounts":[{"amount":"C$20 million","context":"project-level debt removed from balance sheet"},{"amount":"C$9 million","context":"equity in buyer received as consideration"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-01T10:30:07.316Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"small-cap divestiture","balanceSheetImpact":"C$20M debt removal","considerationQuality":"illiquid private equity"}},"durationMs":6966,"modelName":"glm-5.3-flashx"}}