Veritas & Farmers Partnership

Veritas Group and Farmer work as partners in plant operations, and sales and marketing of take-out products.

Establish Special Purpose Vehicle (SPV) Company

  • Owns feedstock supply agreement
  • Owns the Power Purchase Agreement (PPA)
  • Owns energy and other by-product sales
  • Executes lease agreement for turnkey plant
  • Setup and deploy plant
  • Setup and deploy plant
  • Manages take-out products including packaging and shipping
  • Manages take-out products including packaging and shipping
  • Terms 20 years
  • Veritas and Farmers Split EBIT

Veritas Group Limited

  • Owns land for plant
  • Performs sales and marketing for take-out projects

Project #1

  • Property in California
  • 2MW plant
  • Plant Cost $46M
  • Annual Revenue $60M+
  • Operating Cost $5M
  • EBIT $60M+
  • Capacity of Plant / Location 10 Times the initial build