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 i ...

Core Insights - Abundia Global Impact Group, Inc. is undergoing a strategic transformation in 2025 to enhance its public market presence and accelerate its strategic direction, with a focus on waste-to-fuel technologies [1][3][4] - The company anticipates generating revenue from commercial-grade drop-in fuels and chemicals by 2029 [1][21] Company Overview - Abundia is a low-carbon energy company focused on converting waste into value, specifically through the production of renewable fuels and chemicals from waste streams [24] - The company was formed through a merger with Houston Energy Corp. in July 2025, allowing it to leverage a public company structure for its strategic initiatives [3] Strategic Initiatives - The company has initiated a capital deployment strategy, acquiring a 25-acre site in Cedar Port, Texas, to develop its Innovation Center [4][9] - Abundia has established technology partnerships with Alterra Technology and BTG Bioliquids to enhance its waste-to-fuel capabilities [6][7] Operational Milestones - In 2025, Abundia completed several key milestones, including the acquisition of the Cedar Port site, the appointment of project partners, and the initiation of construction for its innovation center [9][11][13] - The company successfully raised $8 million in capital to support its strategic initiatives [13] Future Plans - The company plans to finalize the acquisition of RPD, an R&D company, in Q1 2026 to enhance its operational capabilities [18] - Phase 1 of the Cedar Port Innovation Center is targeted for completion in Q2 2026, which will serve as the operational headquarters and technology hub [19] - The company expects to complete its Phase 2 Waste Plastic to Renewable Fuels and Chemicals Plant by 2029, with revenue generation anticipated in the same year [21] Communication and Transparency - The management team emphasizes transparency and communication with shareholders regarding milestones and achievements in 2026 [22]

Core Insights - The company has undergone a significant transformation, shifting its primary focus from real estate development to environmental solutions [1] - The acquisition of Resource Group has established the company's core operating business and is central to its waste-to-value and materials processing strategy [1] - The company generated approximately $7 million in gross revenues during fiscal 2025, a substantial increase from less than $500,000 in 2024 [1] Business Transformation - The company executed a deliberate transition to an operating platform with revenue-generating operations, owned equipment, and expanding infrastructure [1] - The integration of Resource Group has positioned the company for disciplined growth and long-term value creation for stockholders [1] Future Outlook - The company remains focused on execution, expanding higher-value products, and unlocking value across its asset base [1] - Management believes the company is well-positioned for its next phase of growth, emphasizing operational scaling and disciplined execution [1]