07:37 AM EDT, 06/09/2025 (MT Newswires) -- Anaergia ( ANRGF ) unit Anaergia Singapore on Monday said it received a contract from New Jeju Bio to design and build the Jeju Bio Energy Biogas Plant on Jeju Island, South Korea.

The contract consists of a main agreement worth about $30 million and a supplement agreement worth about $10 million. It anticipates the project to be completed in mid-to-late-2027.

Shares of the company closed up 2.3% to $1.3600 on Friday on the Toronto Stock Exchange.