Renergy Receives First Order for the Construction of a Biodome
(Surrey, BC, Canada) – June 29, 2012.
Tom Colclough, President of Renergy Foods AG (“Renergy”), today announced the signing of a CDN$1,5 million order for a two-level BioDome to be located on a property in Surrey, BC.
This is the first sale of a Renergy BioDome by the company’s subsidiary – NuAgri, Inc. – which is located in British Columbia, Canada. The order is part of an urban agricultural initiative that intends to create employment and supply locally grown food.
The order is subject to securing land upon which to build the BioDome, permits including but not limited to building and GVRD waste treatment permits, financing, and environmental and public reviews.
Construction of the BioDome is anticipated to begin in early 2013, at which time Renergy Foods AG will disclose the name of the client.
Renergy’s subsidiary is currently raising capital to progress to Phase III of its BioDome demonstration project, which includes manufacturing plastic injection molds and components for the NuStax Growing System (vertical growing cabinets and columns), and installing the control, nutrient, air management, and supplemental lighting systems.
Phase IV will operationalize a polyculture aimed at providing a diverse selection of fruit, herbs, and vegetable varieties.
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