Green Impact Partners Inc. announced the Future Energy Park has received final Land Use approval from the City of Calgary municipal council. The approval lays the groundwork from a local planning perspective and represents a major approval for the project. Located within the City of Calgary, Future Energy Park is a proposed net CO2 negative biofuels facility using non-food grade waste-wheat to produce renewable natural gas and ethanol.

The Future Energy Park is an innovative, clean energy project which is forging a new path between Alberta's energy and agriculture sectors. This project represents an approximate $1.2 billion investment in Alberta and the City of Calgary. Once operational, the facility is expected to produce approximately 3.5 million MMBtu per year of RNG, over 300 million litres of ethanol annually, approximately 235,000 tonnes of cattle feed annually, and create carbon credits.

Subject to receipt of final regulatory approvals, Green Impact Partners is targeting completion in 2025. About the Future Energy Park Facility: The project will create approximately 800 jobs over 24 months during construction and 50 jobs during operations; The facility will generate income tax revenue of $50 million per year ($1.2 billion over the first 20 years); Once operational, the Future Energy Park will provide annual new, direct revenue of over $150 million to rural wheat producers; Green Impact Partners will be using local engineering, construction, and environmental firms for the project; The proposed facility is being sited in an industrial area in southeast Calgary and will be constructed and operated on 52 acres of land which has been designated for industrial use; and with a carbon intensity score of -20, the Future Energy Park is expected to be North America's largest carbon negative energy facility.