A JOINT VENTURE WITH SALADACRES

How Joint Ventures are Set Up

Saladacres will form Joint Venture Partnerships with partners that will operate under an Operating Agreement. We will provide a turnkey operation. In this agreement, Saladacres will provide:

• Business plan that will itemize the funding estimate or capital costs of the  project for goods, services, labor, materials,

  and equipment in construction
• Site selection, engineered drawings for permits and construction
• Construction supervision and equipment
• Production startup and tech support, ongoing inventory supply, staff training, quality

   control
• Marketing and advertising advice and work
• R&D benefits such as new products and markets

Contact Saladacres for details and how we can work together.

When the project is operational, the parent company and investment partners will split the dividends 50 / 50, or operate with a royalty and dividend combination.

You can be a silent partner and collect the rewards, where Saladacres operates the facility from production to sales.  Or, you can be directly involved in the day to day operations.

Your Choice – Silent or Active Partner

The territory for each Joint Venture with Saladacres is fully protected. 

FOOD AND ENERGY PARTNERSHIPS USING RENEWABLE FUELS

SALADACRES LLC

We offer partnerships for the production of food and energy from renewable fuels. 

Saladacres (SA) has designed and developed a greenhouse operation for the year round production and processing of fabulous salad vegetable and herb crops. We specialize in 'short' crops which are under 24"/60cm. Our crops are the best in the business for color, texture, taste, crunch, and body.  Field crops can be grown as well.

We combine our greenhouse with a power plant that produces heat and electricity from a wide range of renewable fuels. It consists of a rotary incinerator, heat exchanger, and turbine. The turbine uses hot water as the primary form of energy rather than steam or natural gas.   This equipment is built to our specifications and provides energy independence to our greenhouses.  It helps to control our production costs and keep our produce affordable. 

Generating our own power and heat for our greenhouses is a new, unique, and profitable combination.  We offer partnerships for the production of:

1) Fresh produce in greenhouses plus electricity and heat for greenhouse use and export
2) Electricity alone for sale to specific customers

1.  FOOD AND POWER

Greenhouse
>  Greenhouses:  A “range” is 1.5 acres consisting of 20 greenhouses

New and Innovative Energy Source
>  The biomass boiler and greenhouse is a new, unique, and profitable combination.
>  Hot water heated by the biomass boiler can be used for producing heat, or a heat and electricity combination, or electricity alone
>  Turbine is powered with hot water – not steam
>  We can essentially heat and electrify our greenhouse operations for nothing, provided we sell the electricity; this therefore lowers the costs of production, the costs of our salad produce, and enables use to grow year round

Products                           

The best produce in the world –  grown with 52 minerals; clean, pure, healthy, competitive

Incomes and Benefits in Food Production
>  Cost of ranges: First 2 ranges $5.8M, following ranges $2.2M ea.
>  Sales per range per year: $2 M gross per range
>  Customer base:  Everyone who wants a long, disease free, healthy lifestyle
>  Customers per range: 16,000 at a low 40 lbs. of produce per person per year; large number of ranges per site are possible depending on the site location
>  Gross profit: 35%
>  Payback period: 5 years or under
>  Jobs: 12 per range, not including construction, sales, and delivery         
>  Sustainable production from renewable fuels:  No carbon addition to the atmosphere (carbon neutral), and pollution free; 1/10 the water use compared to arid agriculture, sustainable production
>  Job training: training is a part of the package

2.  ELECTRIC POWER PRODUCTION

Biomass Boiler
>  First of its type: unique in the greenhouse industry
>  Energy Equipment:  “Buzzard” biomass boiler generates heat and electricity from renewable fuels
>  Relatively small low cost generator of hot water heat and electricity
>  Equipment can be used in portable or fixed applications; transported on an 8’ wide flatbed
>  Electricity is generated from a new binary turbine that runs on hot water
> Buzzard capacity: 10,000,000 btuh (1); can heat 363 houses at 22,000 btuh each; or power 500 houses at 2 kWh (1>  Models: 1 mW standard unit, and 3 mW
>  Energy: Output of the standard model is  ½ -1 megaWatt (mW) (1) of energy; heat in the form of hot water for heating is also produced

Unique features of the Buzzard
>  Small size in comparison to larger, fixed and more expensive units; the 1 and 3 mW Buzzards are mini generators
>  Low cost: installed units start at $850,000 which includes buildings and support equipment
>  Can burn most any renewable biomass fuel and is therefore called the “Buzzard” because it will “eat” anything
>  Carbon neutral
>  Almost zero particulate added to the air
>  Fuels are packed at the site of origin in plastic covered bales: neat, and odorless transport and storage

Fuel
>  Fuel Types: Renewable biomass fuels: sawdust, agricultural waste, wood chips, and sorted municipal garbage (mainly cellulose and plastics), shingles and other roofing, tires, carpets, straws, manures.  These are burned at high temperatures with zero pollution
>  Fuels of opportunity can be burned; for example, wood chips in the forest industry
>  Municipal Waste as Fuel:  The burning of municipal waste to run all phases of a greenhouse will be a first – “food from waste fuels” 
>  Fuel storage:Plastic covered bales: neat, and odorless
>  Green Energy:  Non polluting, sustainable, low cost energy from renewable biomass; eligible for carbon credits; does not contribute global warming.

Equipment and Buildings
>  Buzzard capacity: 2 sizes; the 1 mega Watt and 3 mega Watt
>  40’ x 100’ building housing fuel, and 1 biomass boiler or Buzzard

Output
>  ½ -3 megawatt (mW) of energy is the standard output of the 1 or 3 mW Buzzard models; these are mini generators; heat in the form of hot water for heating is also produced

Applications
>  Produces hot water for both heating and generating electricity
>  Hot Water: Can be pumped through a pipe for up to ½ mile with no appreciable temperature drop; used in houses and buildings for heating.
>  1 mW of electricity will serve 500 – 1,500 homes based on 2kW energy consumption
>  Excess electricity can be sold on the grid or to the attached community
>  Eables the development of independent, green, sustainable communities, relying on renewable, available energy sources
>  Permits the year round growing of vegetables for the fresh market when attached to greenhouses for food production

Customers

>  Customers:  villages, settlements, towns, and institutions;

>  Green, sustainable communities, relying on renewable energy sources maximum

suggested number of living units served 50

>  Excess electricity is sold on the grid or to the attached community

>  Free heat, water and electricity to Saladacres staff housing

>  Heating and powering of housing and business off the Saladacres site

Benefits and Advantages to Customers          

>  Low cost electricity;  cut the cost of electricity to more that 50%.  Suggested charge

per month ½ the cost of current utilities; this would encourage the development of

independent, sustainable micro communities, relying on renewable energy sources

>  Fast payback of equipment

>  Cheap heating to buildings in the form of hot water

>  Fast setup

>  Does not contribute to climate change

>  Local biomass fuels:  example: nearby forest, or agriculture fuels

>  Atmospheric pressure heating system: no steam engineer required for operation  

Incomes and Benefits
>  Sales Potential: $800,000  to $1.5M depending on the fuel burned, the Buzzard model, and price per kW
>  Gross profit per year: 40%
>  Jobs in the collection of fuel, operation of the generator, technical, and transport
>  Jobs in clerical: shift supervisor / secretary
>  Heating: Excess hot water heat can be used for buildings such as houses and commercial buildings, and can be free as a by-product
>  Landfill: If a landfill is a fuel source, this takes the pressure off the landfill

Financing
>  Types  Possible: P3 or Public+ Private Partnership; or Private +  Private Partnership      
>  Initial cost of equipment: $850 K for 1 installed 1 mW Buzzard, 1 baler, 1 tub grinder, 40’ x 100’  metal building with office
>  Additional Costs: These costs are listed separately because they will differ from site to site; for example: land, reinforced concrete flooring, perimeter fencing, security, front end loader, forklift, scale, and other equipment.
>  Financing for partner: 50% of the total cost
>  Financing costs can be paid by the difference in current costs of electricity and the 10¢ per kW charged with the Buzzard; thus financing costs are nil; for example, if 3¢ per kW are saved on 1 mW of electricity, the yearly total saving would be (1,000 kW x .03 x 24 hrs x 365 days) $262K.  This would pay for the financing costs for the Buzzard with some savings, with lower costs of electricity
>  Payback period: 3 years
>  After payback of financing:  The going rate of 10¢ per kW can be charged or the cost lowered, because the equipment is owned by the partnership
>  SA would participate in a 2¢ per kW royalty for R&D, sales and promotion, and servicing
>Annual gross Income    1mW at 10¢ / kW is  $881,000;  3 mW at 10¢ is $1.58 million

Electrical costs
>  Low at 10¢ per kW during the payback period;
>  After the financing is paid back, the partners earn money on the sale of electricity and the partner can lower the cost per kW  to customers 

(1) Definitions:
1 mW:     1 mega Watt or 1,000,000 Watts
1 kW:      1 kilo Watt or 1,000 Watts
Btu           British thermal unit; the average house will consume 22,000 Btu per hour   (Btuh)