In Canada, Village Farms International, Inc. announced that operations have started at the Delta (British Columbia) Renewable Natural Gas (RNG) production facility, in partnership with Atlanta-based Terreva Renewables. The Delta RNG facility is the result of Village Farms’ strategic initiative to transition its wholly owned subsidiary, Village Farms Clean Energy, Inc. to a more sustainable business model using advanced technologies. The Delta RNG project will immediately contribute incremental cash flow and profitability to Village Farms.
The resulting RNG will be sold pursuant to a long-term contract. VFCE will receive a royalty on all revenue generated from the Delta RNG facility, which is owned and operated by Terreva.
Tags: Canada, Delta RNG
Category: Fuels
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