SusGlobal Signs Service Agreement for Belleville Facility
SusGlobal Energy Corp. (OTCQB: SNRG) has announced that its subsidiary, SusGlobal Energy Belleville , has signed a Service Agreement for the rehabilitation of its 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario.
The agreement aims to restore the facility to operational readiness, after which SusGlobal plans to engage a third-party operator. The facility is registered on the GHG CleanProject® Registry of the Canadian Standards Association, where the company has been marketing and selling Verified Emission Reductions and Removals (VERRs) through its Composting Offset Project in Ontario.
SusGlobal Energy Corp. (OTCQB: SNRG) ha annunciato che la sua filiale, SusGlobal Energy Belleville, ha firmato un Accordo di Servizio per la riabilitazione del suo impianto di Elaborazione e Compostaggio di Rifiuti Organici e Non Pericolosi di 49 acri a Belleville, Ontario.
L'accordo mira a ripristinare l'impianto alla prontezza operativa, dopo di che SusGlobal prevede di coinvolgere un operatore terzo. L'impianto è registrato nel GHG CleanProject® Registry della Canadian Standards Association, dove l'azienda ha commercializzato e venduto Riduzioni e Rimozioni di Emissioni Verificate (VERR) attraverso il suo Progetto di Offset di Compostaggio in Ontario.
SusGlobal Energy Corp. (OTCQB: SNRG) ha anunciado que su subsidiaria, SusGlobal Energy Belleville, ha firmado un Acuerdo de Servicio para la rehabilitación de su instalación de Procesamiento y Compostaje de Residuos Orgánicos y No Peligrosos de 49 acres en Belleville, Ontario.
El acuerdo tiene como objetivo restaurar la instalación a la preparación operativa, después de lo cual SusGlobal planea contratar a un operador externo. La instalación está registrada en el GHG CleanProject® Registry de la Canadian Standards Association, donde la empresa ha estado comercializando y vendiendo Reducciones y Eliminaciones de Emisiones Verificadas (VERR) a través de su Proyecto de Compensación de Compostaje en Ontario.
SusGlobal Energy Corp. (OTCQB: SNRG)는 자회사인 SusGlobal Energy Belleville이 온타리오주 벨빌에 있는 49에이커 규모의 유기성 및 비위험 폐기물 처리 및 퇴비화 시설의 재활을 위한 서비스 계약을 체결했다고 발표했습니다.
이 계약은 시설을 운영 준비 상태로 복원하는 것을 목표로 하며, 이후 SusGlobal은 제3자 운영자를 참여시킬 계획입니다. 이 시설은 캐나다 표준 협회의 GHG CleanProject® 등록부에 등록되어 있으며, 회사는 온타리오의 퇴비화 오프셋 프로젝트를 통해 검증된 배출 감소 및 제거(VERR)를 마케팅하고 판매해 왔습니다.
SusGlobal Energy Corp. (OTCQB: SNRG) a annoncé que sa filiale, SusGlobal Energy Belleville, a signé un Accord de Service pour la réhabilitation de son installation de Traitement et Compostage de Déchets Organiques et Non Dangereux de 49 acres à Belleville, Ontario.
L'accord vise à restaurer l'installation à la préparation opérationnelle, après quoi SusGlobal prévoit de faire appel à un opérateur tiers. L'installation est enregistrée dans le registre GHG CleanProject® de la Canadian Standards Association, où l'entreprise a commercialisé et vendu des Réductions et Éliminations d'Émissions Vérifiées (VERR) à travers son Projet de Compensation de Compostage en Ontario.
SusGlobal Energy Corp. (OTCQB: SNRG) hat angekündigt, dass ihre Tochtergesellschaft, SusGlobal Energy Belleville, einen Dienstleistungsvertrag zur Rehabilitation ihrer 49 Acres großen Anlage zur Verarbeitung und Kompostierung von organischen und nicht gefährlichen Abfällen in Belleville, Ontario, unterzeichnet hat.
Das Ziel des Vertrags ist es, die Anlage wieder betriebsbereit zu machen, nach dem SusGlobal plant, einen Drittanbieter zu engagieren. Die Anlage ist im GHG CleanProject® Register der Canadian Standards Association eingetragen, wo das Unternehmen überprüfte Emissionsminderungen und -entfernungen (VERRs) über sein Kompostierungs-Offset-Projekt in Ontario vermarktet und verkauft hat.
- Facility rehabilitation agreement signed to restore operations
- Potential revenue generation through facility operations
- Additional income stream from carbon credit monetization
- Facility currently non-operational and requires rehabilitation
- Dependency on third-party operator for facility management
Toronto, Ontario--(Newsfile Corp. - March 17, 2025) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal" or the "Company"), an environmental and renewables company, the developer of SusGro™, an award winning, revolutionary organic liquid fertilizer and Leaders in The Circular Economy® today announced that its wholly owned subsidiary, SusGlobal Energy Belleville Ltd. has signed a Service Agreement (the "Agreement") which provides for the overall rehabilitation to operational readiness of the Company's 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility (the "Facility") in Belleville, Ontario. Once the Facility becomes operationally ready and all government orders have been fulfilled, SusGlobal will retain a third party to operate the Facility.
The Facility is listed on the GHG CleanProject® Registry, https://www.csaregistries.ca/GHG_VR_Listing/CleanProjectDetail?ProjectId=909, a business unit of the Standards Division of the Canadian Standards Association ("CSA") for developed and marketed greenhouse gas ("GHG") offset credits where the Company has marketed and sold Verified Emission Reductions and Removals ("VERRs"), as part of its Composting Offset Project in Ontario.
"We believe this agreement will lead to a high-quality return to revenue stream for the Company's Facility, with further carbon credit monetization at the Belleville site."
About SusGlobal
SusGlobal, the developer of SusGro™, a revolutionary pathogen-free organic liquid fertilizer is a renewables company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste-to-energy and regenerative products applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: www.susglobalenergy.com.
Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. Such statements include, but are not limited to, the Facility returning to operational readiness, the possibility of the Company signing future agreements or entering into a future relationship, and the Facility again generating revenue for the Company. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.
Contact
SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: info@susglobalenergy.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244478
FAQ
What is the purpose of SusGlobal's new Service Agreement for the Belleville facility?
How will SNRG generate revenue from the Belleville facility?
Who will operate SNRG's Belleville facility after rehabilitation?
What is the significance of SNRG's facility being on the GHG CleanProject Registry?
