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RenX Enterprises Expands Contracted Inbound Volumes, Advancing Biomass Processing Platform
Miami, FL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) (NASDAQ: RENX) (“RenX” or the “Company”) a
About this update from Renx Enterprises Corp.
[{"type":"text","content":"Miami, FL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) (NASDAQ: RENX) (“RenX” or the “Company”) a sustainable infrastructure and environmental services platform, today announced that its operating subsidiary, Resource Group US LLC (“RGUS”), has entered into a new disposal services agreement with a regional commercial landscaping operator serving the Sarasota, Florida market. Under the agreement, RGUS will receive and process inbound organic material at its 15th Street transfer facility in Sarasota at a contracted per-yard disposal rate. Accepted materials include unprocessed green waste, wood waste, and other vegetative debris, subject to standard contamination controls. The agreement is structured as a ticket-based volume stream with net-30 payment terms, which provides measurable, transaction-level cash flow visibility. Although revenue under the agreement is volume-dependent, the Company expects the ticket-based structure to support predictable cash generation and the potential for recurring revenue over time. “This agreement reflects the demand we are seeing in our Florida operations as commercial operators, municipalities, and service providers seek alternatives to landfilling amid rising disposal costs and increasing regulatory scrutiny,” said David Villarreal, Chief Executive Officer of RenX Enterprises. “Each new contracted volume source enhances utilization across our transfer and processing infrastructure and supports our strategy of building durable; recurring revenue streams tied to long-life assets.” RGUS will issue load-level tickets for each inbound delivery, which serve as the basis for weekly invoicing and revenue recognition. Management noted that such agreements generate disposal revenue and provide consistent feedstock for the Company’s biomass conversion operations. “As inbound volumes grow, we gain operating leverage across logistics, processing, and technology-enabled conversion,” Villarreal added. “These contracts are foundational to our broader platform strategy and position us to drive margin expansion over time.” The Company expects continued growth in contracted inbound volumes as the market seeks alternatives to landfills due to rising disposal costs and stricter regulations. About RenX Enterprises Corp. RenX Enterprises Corp. is a technology-driv...