Anaergia's New CEO Brett Hodson Brings Wealth of Experience to Global Renewable Fuels Leader

Anaergia, a global renewable fuels leader, has announced the appointment of Mr. Brett Hodson as Chief Executive Officer (CEO). Mr. Hodson will be succeeding the Company’s founder and Chairman, Dr. Andrew Benedek as CEO, effective immediately. Hodson is a proven leader with a track record of successfully leading growth companies and driving shareholder value. Anaergia plans to build on its position as one of the world's leading renewable fuel producers and developers.

Anaergia was created to cost-effectively turn organic waste into renewable natural gas (RNG), fertilizer, and water using proprietary technologies. With a profound focus on "eliminating a major source of greenhouse gases," the Canadian company provides end-to-end solutions for extracting organics from waste and implementing high-efficiency anaerobic digestion. The company also produces fertilizer and cleans water.

Anaergia's New CEO Brett Hodson

Mr. Hodson has a wealth of relevant experience that spans a range of businesses and sectors, including building, managing, and leading a portfolio of water, wastewater, and energy infrastructure businesses. He also has deep expertise in the areas of wholesale product distribution, retail services, construction, and manufacturing.

Hodson was the President and Chief Executive Officer of Corix Infrastructure Inc., a utility infrastructure company. Under Hodson's leadership, Corix grew by more than 10 times in an eight-year period, reaching more than $650 million in revenues and turning it into a highly profitable water and energy infrastructure company. Corix was subsequently purchased by a large Canadian pension fund. Following his tenure at Corix, Hodson founded Sunshine Pier Capital Inc., a consulting and private equity firm.

Mr. Hodson has a Master's degree in Business Administration from the Ivey Business School at the University of Western Ontario, a Bachelor of Arts in Psychology, and a certificate in Liberal Arts from Simon Fraser University.

Expectations for the Future

"I am thrilled to have joined Anaergia and lead it during its next phase," said Mr. Hodson. He continued, "This Company has enormous potential, and I am excited to have the opportunity to help build it into the world’s leading renewable fuel producer and developer, while enhancing value for shareholders. The reason I chose to be a part of this company is because I firmly believe in Anaergia’s technical prowess to drive significant positive change for the environment while also meeting or exceeding the expectations of our shareholders.”

Anaergia seeks to provide renewable energy to sectors in need, including the municipal solid waste, municipal wastewater, agriculture, and food processing industries. The company has built many successful plants, including some of the largest worldwide. Anaergia's mission is to help the economy transition to a more sustainable and cleaner energy future by creating renewable natural gas and replacing conventional natural gas.

Andrew Benedek, the founder and former CEO of Anaergia, said, “Brett’s appointment represents a pivotal moment for our Company as we chart our path for our next phase of growth.” “With Brett Hodson and Andrew Spence, our CFO, on board, we now have a new team with significant infrastructure development experience. As a team, we have agreed together to review all aspects of the business to align with Anaergia’s recently announced asset-light strategy and ensure that our financial targets are set correctly under this strategy going forward.”

Conclusion

Anaergia's appointment of Brett Hodson as CEO gives the company a new team with significant infrastructure development expertise. With a proven track record of successfully leading growth companies and driving shareholder value, Mr. Hodson's appointment represents a pivotal moment for the company. Anaergia has an impressive track record of delivering world-leading projects on four continents, with a focus on eliminating a major source of greenhouse gases. The company plans to build on its position as one of the world's leading renewable fuel producers and developers, with a focus on creating renewable natural gas to replace conventional natural gas.