Investor Q1 2025 Update
Another Term Sheet + Corporate Contracts (FTF Energy Q1 2025)
Greetings, and I trust that your first quarter of this year has went great.
As we are currently raising a
round, I want to specify that this is not a solicitation for investment, but rather just a quarterly update
Want to take a moment to update you on some of the exciting progress we've made here at Farm to Flame Energy :
1. We’ve kicked off a contract with Duquesne Light Company (a large electric utility provider in Southwestern Pennsylvania) for a green grocery store power generation project
2. We’ve achieved our stated milestone as our generator is now running smokeless and odorless
3. We’ve had over 50 meetings within a 3-week time span for our $5M investment round, and now have 3 term sheets
4. We’ve signed a JV with our EPC partner Engeman Energy to build 20MW+ Power Plants in which we will integrate our proprietary software into
5. We’ve attended the Biomass Conference in Atlanta, and increased our pipeline with over 8 new partnerships. Each is focused on 20+ megawatt plant installations
Challenges included:
1. Sourcing cost-effective solenoid valve for generator automation, to lower our CAPEX and OPEX. Our VP of Engineering and product team found a great option, and we went with it
2. Dealing with certain corporate tax filings that our tax accountant does not address (taxes on common and preferred shares)
Asks include:
1. Strategic introductions to additional utilities, paper pulp corporations, and agro-industrial corporations
If there is anything you would like to talk about, please reach out, and we’ll schedule a chat. Other than that, have a great Q2 and talk soon
Greatest Regards,
KJ Jyamfi