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PyroGenesis subsidiary Pyro Green-Gas tapped to supply landfill biogas purification system for Quebec LNG project

Published: 14:59 22 Sep 2021 EDT

PyroGenesis Canada Inc. -
The deal will convert an expense into a revenue stream for the municipalities concerned over the next 20 years

PyroGenesis Canada Inc announced its subsidiary Pyro Green-Gas was selected to supply its landfill biogas purification system to Carbonaxion Bioénergies Inc for its GNR Neuville project in Quebec.

Carbonaxion Bioénergies inked a deal with municipal group Régie régionale de gestion des matières résiduelles de Portneuf (the Régie) to build, own and operate a landfill gas plant that will convert the waste from the Neuville landfill site into a renewable natural gas (RNG) over the next 20 years.

Carbonaxion selected Pyro Green-Gas to supply the biogas purification system in an estimated $5 million contract that is expected to be fully commissioned in the first half of 2023.

READ: PyroGenesis Canada stock added to the FTSE Global Total Cap and Global Micro Cap indices

Pyro Green-Gas, formerly known as AirScience Technologies (AST) Inc, will supply desulfurization, dehydration, decarbonization, removal of nitrogen and oxygen depletion technologies to produce a biomethane for a gas pipeline owned by Energir, the largest natural gas distribution company in Quebec.

The biogas purification unit at Neuville is expected to produce an average of 1.8 million cubic meters of biomethane (or RNG) per year, which will be injected into Energir's gas network, according to a release from PyroGenesis.

The deal comes less than one month after PyroGenesis closed the strategic acquisition of AST.

“Today’s announcement is a confirmation of the strategic decision behind the acquisition, and of the reputation of Pyro Green-Gas’s environmental technologies within the RNG market,” PyroGenesis CEO Peter Pascali said in a statement.

“Being chosen to supply this landfill gas purification equipment unit to Carbonaxion Bioénergies represents further validation of the technology and its value proposition to our customers. We believe there is significant demand for upgrading biogas facilities worldwide, particularly given the legislative trend across North America towards regulating minimum amounts of RNG to be incorporated within gas pipelines.”

Réjean Carrier, president of Carbonaxion Bioénergies, added: “PyroGenesis and AirScience Technologies are ideal partners for Carbonaxion as they share our vision to promote and integrate sustainable solutions, aimed at reducing GHGs and decarbonizing our economy.”

The deal will convert an expense into a revenue stream for the municipalities concerned over the next 20 years, according to Carrier.

Pyro Green-Gas, a Montreal-based company, offers technologies, equipment, and expertise in the area of biogas upgrading, as well as air pollution controls.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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