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

-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

55 Acres in Northern California

-2MW plant

-Plant Cost $46M

-Annual Revenue $60M+

-Operating Cost $5M

-EBIT $60M+

-Capacity of Plant / Location 10 Times the initial build