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The Rise and Fall of North America's Largest Organic Waste to Energy Facility

Author
Antoine Walter
Published
Mon 05 Jun 2023
Episode Link
https://podcast.ausha.co/dont-waste-water/the-rise-and-fall-of-north-america-s-largest-organic-waste-to-energy-facility

😮 Anaergia's flagship asset, the Rialto Bioenergy Facility, just filed for Chapter 11 Bankruptcy. What happened? What are the problems? What's next? Let's review ⬇




Last year, I spoke with Andrew Benedek and Kunal Shah on this podcast, and I came out of those two episodes deeply convinced that Anaergia was changing the World for the better.




🏆 Last month, that feeling got comforted at Global Water Intelligence (GWI)'s awards ceremony, when the company won two trophies as "Net Zero Carbon Champion," but also indirectly as a contributor to the "Wastewater Project of the Year."




So I was shocked when reading GWI's last weekly briefing and discovering North America's largest organic waste-to-energy plant was in deep trouble!




But when analyzing what happened, I started noting some very familiar patterns to anyone deeply involved with the Water Industry.




To me:


3️⃣ Rialto has 3 Problems (which I detail in this episode)


🤦‍♂️ It's not the first time Regulation has come in the way of Water Companies


📜 Paul O'Callaghan's thesis on the Dynamics of Water Innovation once more helps us understand what's going on


🕯 I think Anaergia will get to the light on the other end of that tunnel


... and frankly speaking, I hope so!




▶️ Watch the video version of this episode on YouTube    


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