EarthRenew (CSE: ERTH) (OTCQB: VVIVF) (Frankfurt: WIMN), a Canadian company focused on regenerative agriculture solutions with a secondary revenue source from electricity production, today released its Q1 2021 revenue generation results from its power production facility in Strathmore, Alberta (the “Strathmore Plant”). Among the highlights, EarthRenew reported that, from January to March 2021, it generated 1,016.42 MWh of electricity, which it sold into the Alberta electricity grid for an estimated $382,928 in sales revenue, substantially surpassing settlement revenue of $141,327 for the same period in 2020. “We continue to generate strong revenues from our power peaking activities at the Strathmore Plant enabling us to offset costs in our primary line of business as a regenerative agriculture input provider,” said EarthRenew CEO Keith Driver.
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EarthRenew’s mission is to support a farm system that puts healthy soils and grower profitability back on the table. The company aims to be a driving part of the regenerative agriculture movement by offering fertilizer solutions that feed the soil to strengthen the earth’s ability to restore itself. EarthRenew benefits from multiple revenue streams that include the sale of regenerative fertilizers, as well as revenue from generating power and selling surplus electricity. For more information, visit the company’s website at www.EarthRenew.ca.
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