Anaergia unit Rialto reports $1.01 million net loss for June

By Sarah Lizee

Olympia, Wash., Aug. 2 – Anaergia Inc. subsidiary Rialto Bioenergy Facility, LLC reported a $1.01 million net loss for June on $216,981 of gross income/sales, according to a monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of California.

The cash balance at the end of month was $16.6 million.

Anaergia is a Burlington, Ont.-based company that was created to turn organic waste into renewable natural gas, fertilizer and water, using proprietary technologies. Subsidiary Rialto Bioenergy is based in Carlsbad, Calif., and filed Chapter 11 bankruptcy on May 25 under case number 23-01467.

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