Anaergia Inc. through its subsidiary, Anaergia Technologies, LLC, has entered into agreements to upgrade the Renewable Energy Anaerobic Digester located at The University of California, Davis. The READ facility processes food and grease trap waste daily from local grocery stores and campus dining facilities, converting waste that would otherwise end up in a landfill into renewable energy. This operation supports California’s SB 1383 goals by cutting greenhouse gas emissions and boosting the economic viability of anaerobic digestion.
Under the terms of the signed and provisional agreements, Anaergia will enhance the READ鈥檚 systems with Anaergia technology to upgrade the plant ensuring reliable and efficient food waste recycling with power generation. Anaergia anticipates recognizing more than C$7 million in revenue from this project.
The California Department of Resources Recycling and Recovery is providing a grant to aid in financing the upgrade of the READ. 鈥淲ith these enhancements, READ will fully capitalize on its environmental benefits,鈥 said Joe Yonkoski, Superintendent of Thermal Infrastructure for UC Davis Facilities Management. 鈥淲e appreciate the partnership with Anaergia that is helping us transform the READ facility as a component of UC Davis鈥 strategy to reduce fossil fuel reliance and combat climate change,鈥 Mr. Yonkoski added.
鈥淭his project at UC Davis showcases how Anaergia鈥檚 industry-leading technologies and capabilities are being employed at state-of-the-art facilities,鈥 commented Assaf Onn, CEO of Anaergia. 鈥淲e have a track record of partnering with institutions of higher learning and are proud to support UC Davis achieve its carbon neutrality goals,鈥 added Mr. Onn.