Monday, September 15, 2025

Latest

Xebec Announces Quebec Renewable Natural Gas Project

Xebec Adsorption (TSXV: XBC) this morning announced that it will be working with Bähler Biogas to construct a new facility in Quebec for production of renewable natural gas and biofertilizer.

Anticipated to see commissioning occur in early 2021, the facility is expected to be capable of processing up to 45,000 metric tons of organic waste per year via an anaerobic digestion process. The process will enable the plant to convert the organic waste to what is referred to as renewable natural gas (RNG) as well as biofertilizer thanks to the technology being implemented by Xebec. The plant is expected to be able to produce up to 150,000 gigajoules of RNG and 7,500 metric tons of biofertilizer annually as a result.

The project itself is stated to have a budget of approximately $28 million, which will be financed through a combination of equity, non-recourse debt, and via the Quebec government via a potential grant.

The renewable natural gas is expected to have a 20 year off-take agreement at a fixed rate, while the biofertilizer is expected to be sold to nearby agricultural operations via a management partner.

It is great to finally see our first BOO project move forward. It showcases how local partners can come together to create a community-based sustainable waste solution for a true circular economy. Renewable natural gas presents a unique opportunity to both divert organic waste from landfills and produce a valuable source of clean energy to displace fossil natural gas and create a biofertilizer for farmers. Xebec plans to be a valuable technology provider and financial partner in the waste-to-RNG space in Canada.

Kurt Sorschak, President and CEO, Xebec Adsorption Inc.

Xebec Adsorption last traded at $3.96 on the TSX Venture.


Information for this briefing was found via Sedar and Xebec Adsorption. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Xebec: BMO Downgrades, Slashes Price Target As Rising Costs Hit Bottom Line

On May 12, Xebec Adsorption (TSX: XBC) announced its first quarter financial results. The company...

Thursday, May 19, 2022, 03:52:00 PM

Canaccord Genuity Resumes Coverage On Xebec Adsorption With C$6 Price Target

This morning Canaccord Genuity resumed their coverage on Xebec Adsorption (TSXV: XBC) with a Speculative...

Thursday, September 17, 2020, 01:15:32 PM

Xebec Adsorption: Canaccord Lifts Price Target To $6

On July 6th, Xebec Adsorption (TSX: XBC) announced a master service agreement with a leading...

Thursday, July 8, 2021, 03:27:00 PM

Xebec Enters Hydrogen Fuel Supply Agreement In Netherlands

Xebec Adsorption (TSX: XBC) this morning issued a brief news release, indicating that it has...

Wednesday, May 26, 2021, 07:27:47 AM

Xebec Adsorption Releases Operational Update Regarding COVID-19 Impact

Xebec Adsorption Inc. (TSXV: XBC) has released an update regarding its current operations in Italy,...

Tuesday, March 17, 2020, 07:54:00 AM