Anaergia to sell  Riverside Bioenergy Facility to developer with investor backing

In California, Anaergia Inc. has signed an agreement through its subsidiary to advance a pivotal renewable natural gas infrastructure project in the City of Riverside, California. Under this agreement, and subject to certain conditions precedent to financial closing and funding, Anaergia’s development-stage project asset, Riverside Bioenergy Facility, LLC (“RivBF”), will be sold to a developer with institutional investor funding. RivBF currently has a lease with the City of Riverside that provides for, upon approval of the parties, constructing organic waste-to-RNG infrastructure at the Riverside Water Quality Control Plant.