Press Release – Gaia EnviroTech

Gaia EnviroTech secures $4.3 million investment from RFC Ambrian Funds Management

Gaia EnviroTech (Gaia), an organic waste management and bioenergy company based in regional Victoria, is delighted to announce a significant milestone in its journey to decarbonise key sectors such as food, manufacturing and agriculture. A $4.3m commitment has been received from the decarbonisation fund of RFC Ambrian Funds Management (RFM), a prominent and successful technology commercialisation investmentbusiness.

The Bioenergy and FOGO waste management sectors are on the cusp of rapid growth, reflecting some key sectoral drivers such as rising carbon credit prices, rising demand for renewable gas and demand for circular economy solutions. Key outcomes from Gaia includes producing renewable biogas, diverting organic waste from landfill and developing customer-orientated modular solutions.

Gaia’s Chief Executive Officer (CEO), Michael Renehan commented that “The strategic partnership between Gaia and RFM will benefit from the skills, capabilities and experience of the RFM team such as market knowledge, technology commercialisation experience, plus financing strategies and networks. Our technology will assist our clients in achieving their Environmental, Social and Governance (ESG) objectives and become sustainable businesses for the long-term. Gaia brings to the table a proven management team, proprietary technologies such as the Gaia modular anaerobic digester and rapid in-vessel composter based on viable service-based business models. A classic equation of 1 + 1 = 3.”

Gaia’s technology plays a critical role in advancing the circular economy and decarbonisation efforts through the efficient conversion of organic waste to compost, biogas and digestates. Gaia’s modular approach enables councils, food processing and agricultural businesses of all sizes to process their waste in an efficient and environmentally effective manner. The company has successfully installed three modular anaerobic digestion and two in-vessel composting systems across Victoria and Tasmania. This funding will enable faster expansion and develop the growth required for the Australian and New Zealand market.

Stefan Skorut, Chief Investment Officer (CIO) at RFC Ambrian Funds Management, expressed his enthusiasm for the partnership, stating: “We are excited to welcome Gaia EnviroTech into our portfolio. The company’s commitment to decarbonisation of the food and agricultural industries aligns seamlessly with our values at RFC Ambrian Funds Management, and we look forward to supporting Gaia’s commitment to expanding its portfolio of operating facilities in Australia and beyond. We are committed to ensuring that this collaboration will yield positive outcomes for both parties.”

Gaia’s CEO Michael Renehan, is equally excited about the partnership and the opportunities it presents, commenting: “Our team is excited about the next chapter in Gaia EnviroTech’s journey. The investment from RFC Ambrian Funds Management provides a substantial financial boost and brings valuable strategic insights and industry expertise to Gaia EnviroTech and is a testament to the confidence placed in our vision and capabilities. This partnership will help us to scale our operations and drive innovation in organic waste management, contributing to a more sustainable and eco-friendly future”.

About Gaia EnviroTech

Gaia EnviroTech is a spin-out from award-winning mining technology company Gekko Systems, a “born global”exporter that has been firmly focused on reducing energy consumption and environmental footprint over its27-year history. Gaia, based in Ballarat, Victoria, is a supplier of innovative and sustainable organic wastemanagement and bioenergy services. The high-tech service company offers the company has developedmodular and flexible anaerobic digestion and in-vessel composting services plus in-house engineeringcapability and a unique bio-lab to provide “one stop shop” solutions.

Website: https://gaia-envirotech.com/

About RFC Ambrian Funds Management

RFC Ambrian Funds Management is a manager of institutional funds targeting high conviction opportunities through a multi-strategy fund that invests across critical minerals and decarbonisation technologies. Their purpose is to deliver impact investments that responsibly contribute to decarbonisation while earning superior risk adjusted returns.

RFC Ambrian Funds Management is part of the RFC Ambrian Group, a passionate supporter of mining and heavy industry as they undertake to reduce their impact on the environment while continuing to deliver vital resources across the globe.

RFC Ambrian have a proven track record working with both listed and private companies across natural resources, energy, emerging technologies, and infrastructure. RFC Ambrian have been creating substantial wealth and value as a responsible investor and trusted advisor since 1985.

Website: https://www.rfcambrian.com/

Contact: Stefan Skorut

Email: stefan.skorut@rfcambrian.com

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