😮 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 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.
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