The California Public Utilities Commission (CPUC) has granted conditional approval for a Renewable Natural Gas (RNG) procurement contract involving Anaergia's SoCal Biomethane facility. This landmark agreement represents the first contract to be supplied under California's SB 1440 program, which targets the reduction of short-lived climate pollutants by requiring utilities to procure renewable gas. The approval marks a significant regulatory milestone for Anaergia, validating its strategic position within the state's growing renewable energy market and securing a path for future revenue. Anaergia is currently listed on the Toronto Stock Exchange under the ticker ANRG and on the OTCQX market as ANRGF. This development highlights the increasing integration of biomethane into California's utility infrastructure as part of broader environmental mandates.
Sign up free to access this content
Create Free Account