ALWAYS FRESH FARMS,LLC has the opportunity to develop a Green Energy facility in Virginia and other states, that will produce and sell to wholesalers hydroponically grown produce,aquaponically and electricity produced through cogeneration.The Company is working with the U.S.D.A. Office of Rural Development to secure a 80% Government backed Guarantee on these projects under the Business & Industry Guaranteed Loan Program.
The Company intends to establish its initial facility in Virginia. Cogeneration will be used to provide 100% of the electrical needs for each facility.All excess and unused energy generated will be sold to the local utility company for the utility company’s renewable energy portfolio.
The Company intends to raise capital to develop the initial facility in Virginia, and four additional facilities in Massachusetts,North Carolina, and two other states, soon to be determined.Each facility will cost $5,000,000 to $6,000,000,and development will begin upon funding.