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Safe and Green Development Corp, now RenX Enterprises Corp, reports developments tied to its shift from real estate development toward environmental processing, sustainable materials, engineered soils and potting media. Recurring updates cover Resource Group US LLC, organics processing, biomass and green-waste intake, compost sales, blending and milling capabilities, and in-house logistics serving agricultural, commercial and consumer end markets.
Company news also includes hauling services through Zimmer Equipment, equipment purchases such as shredders and grinders, customer agreements for disposal or compost materials, and efforts to monetize legacy real estate assets. Capital actions, shareholder voting matters and security-structure disclosures are recurring corporate themes around the renamed issuer.
RenX Enterprises (NASDAQ: RENX) entered a PIPE financing to issue $6.0 million of senior convertible notes bearing 12% interest, maturing in 13 months, convertible at $0.281 per share. The deal includes warrants equal to 100% of note face value exercisable at $0.15594 for six years. Proceeds are intended primarily for working capital and the financing is expected to close on or about Feb 13, 2026, subject to customary conditions.
RenX Enterprises (NASDAQ: RENX) announced on Feb 10, 2026 that its subsidiary Zimmer Equipment secured a new hauling services contract with a Florida waste transfer operator.
The agreement covers dedicated hauling of construction and demolition materials, is expected to generate recurring revenue, improve fleet utilization, and aligns with RenX's waste-to-value strategy and planned Microtec milling deployment.
RenX Enterprises (NASDAQ: RENX) restructured its Norman Berry investment to secure capital recovery while preserving ownership upside. The company converted approximately $600,000 of equity into a secured note, adding to an existing $200,000 note, and retained its 50% ownership.
RenX plans a sale process expected to commence in Q1 2026 and says late-2025 zoning entitlements expanded permitted uses to include multifamily, assisted living, and higher-density mixed-use, which the company believes will broaden buyer interest and support redeployment of proceeds into its core environmental processing and sustainable materials platform.
RenX Enterprises (NASDAQ: RENX) said operating subsidiary Resource Group US LLC entered a disposal services agreement with a regional commercial landscaping operator in Sarasota, Florida. RGUS will receive and process green waste, wood waste, and vegetative debris at its 15th Street transfer facility under a ticket-based, net-30 payment structure.
The contract creates transaction-level cash flow visibility via load-level tickets, weekly invoicing, and recurring feedstock for RenX’s biomass conversion operations, supporting utilization, operating leverage, and potential margin expansion as inbound volumes grow.
RenX Enterprises announced it has begun delivering compost to a new customer in the premium bagged soils and growing media market in South Florida on January 21, 2026. The deliveries mark an operational milestone as RenX advances sales beyond bulk compost into higher-value, consumer-facing end markets. Recent equipment deployments improved product consistency and enabled the company to meet stricter quality specifications, opening access to new customer segments. Management said ongoing equipment optimization and throughput gains should support further customer acquisition and expansion into engineered soils and related markets.
Crown Holdings (NYSE: CCK) named winners of its 2025 Chairman's Sustainability Awards on Jan 16, 2026, recognizing manufacturing facilities for measurable sustainability, safety and innovation projects.
Winners include Ponta Grossa, Brazil (Sustainable Manufacturing) for a heat-exchange waste-heat recovery system; Izmit, Turkey (Safety/Employee Engagement) for air-system modernization; Signode Virton, Belgium and SS Metals (SMP Singapore) for 30% PCR stretch film and an LED ink-curing conversion that reduces carbon and energy costs. Multiple global finalists were also highlighted.
RenX Enterprises engaged Bob Jacobson as Strategic Business Development Advisor for its renewable materials and engineered soils and potting media lines. Jacobson brings over five decades of retail garden, merchandising, and supplier development experience, including more than 20 years at Home Depot where he supported growth from ~30 to over 2,000 stores and led national category strategy for multi-billion-dollar product categories. At RenX, he will advise on supplier alignment, national grower engagement, and category development to support product quality, supply reliability, and disciplined margin expansion. The company said the appointment is intended to accelerate long-term grower relationships and scale its composting, soil blending, and potting media capabilities nationwide.
RenX Enterprises Corp (NASDAQ: RENX) said 2025 was transformational after acquiring Resource Group and shifting from real estate development to environmental solutions. The company reported approximately $7 million in preliminary, unaudited 2025 gross revenues versus under $500,000 in 2024. Management highlighted elimination of convertible debt, a $9 million private placement, targeted equipment purchases (Komptech, Diamond Z, trommel, CAT) and a Microtec mill expected March 2026. The company is pursuing engineered soils, bagged materials and multiple real estate monetization actions.
RenX Enterprises (NASDAQ:RENX) completed purchase of a Komptech Crambo shredder and a Diamond Z horizontal grinder after a rental trial showed higher throughput, improved processing efficiency, and incremental revenue. The equipment was acquired for approximately $2.54 million, funded with a 30% down payment (~$700,000) paid during the rental period and the balance financed via two secured promissory notes with Commercial Credit Group. Management said ownership aligns with its long‑term operating strategy and supports scaling processing capacity and revenue growth.
RenX Enterprises (NASDAQ: RENX) completed a debt restructuring of its Lago Vista, Texas secured note of about $7.0 million. Title to Lago Vista was transferred to the lender in exchange for conditional extinguishment of $5.0 million of the secured note, subject to sale provisions. $2.0 million of the remaining balance is now secured by RenX’s Durant, Oklahoma property, which the company intends to market in 2026. The agreement includes a $5.0 million backstop promissory note if indebtedness remains after 24 months and provides RenX 70% of net sale proceeds above $5.0 million from Lago Vista. The move aims to cut interest expense (~$850,000) and refocus the company on Resource Group operations.