AleAnna, Inc. Announces Completion of Several Major Milestones for its Renewable Natural Gas (RNG) Business
(ANNA)
Company Research
Source: GlobeNewswire
The company has completed the acquisition of three biogas plants in ItalyAleAnna, Inc. has begun generating revenue from plants in Tuscany and PiedmontThe Italian Government has granted capital incentives for construction of AleAnna’s Campagnatico plant project DALLAS and ROME, Dec. 18, 2024 (GLOBE NEWSWIRE) -- AleAnna, Inc., (“AleAnna” or the “Company”) (Nasdaq: ANNA), today announced the completion of a series of initiatives through which the Company has expanded or proven out aspects of its renewable natural gas business. These include the purchase of majority working interests in three Italian biogas plants, first corporate revenue generation from its plant operations, and demonstration of the Company’s ability to secure Italian Government capital incentives for the construction of biogas plants and their conversion to biomethane plants. The Campagnatico project, located in the Tuscany region, is a newbuild biomethane plant operated by AleAnna subsidiary, AleAnna Renewables (A
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