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 Hosted on Ausha. See ausha.co/privacy-policy for more information.