Saturday, July 12, 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

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Xebec Enters Arrangement For Sale Of 18 Biostream Units For Undisclosed Figure

Xebec Adsorption (TSX: XBC) this morning announced that it has received a major new purchase...

Tuesday, July 6, 2021, 07:54:43 AM

Xebec Adsorption Reports Q4 2020 Revenues Of $6.4 Million, Net Loss Of $28.3 Million

Xebec Adsorption (TSX: XBC) this morning reported its fourth quarter financial results. The company reported...

Thursday, March 25, 2021, 08:57:12 AM

Xebec Acquires Tiger Filtration For $20.6 Million

Xebec Adsorption (TSX: XBC) this morning announced that it has closed the acquisition of Tiger...

Monday, June 14, 2021, 07:51:59 AM

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

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