Village Farms International Announces Start Up of Renewable Natural Gas Facility
VANCOUVER, British Columbia and ORLANDO, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that operations have started at the Delta (British Columbia) Renewable Natural Gas (RNG) production facility, in partnership with Atlanta-based Terreva Renewables (“Terreva”). The Delta RNG facility is the result of Village Farms’ strategic initiative to transition its wholly owned subsidiary, Village Farms Clean Energy, Inc. (“VFCE”), to a more sustainable business model using advanced technologies. The Delta RNG project will immediately contribute incremental cash flow and profitability to Village Farms.
- VANCOUVER, British Columbia and ORLANDO, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that operations have started at the Delta (British Columbia) Renewable Natural Gas (RNG) production facility, in partnership with Atlanta-based Terreva Renewables (“Terreva”).
- The Delta RNG facility is the result of Village Farms’ strategic initiative to transition its wholly owned subsidiary, Village Farms Clean Energy, Inc. (“VFCE”), to a more sustainable business model using advanced technologies.
- The Delta RNG project will immediately contribute incremental cash flow and profitability to Village Farms.
- Leveraging state-of-the-art technologies, the Delta RNG facility purifies and converts landfill (methane) gas that would otherwise escape into the atmosphere to high-demand RNG.