Venezuela

AVIS has agreements in place with the Venezuelan government to deliver 30 plants to all major cities in the country. The AVIS Global Green Energy Industrial Parks will have the capacity to produce 900,000,000 MT each year of organic food and 30,000 MT each year of organic raised sea fish. Each of the facilities will convert 350,000MT each year of municipal waste into high-quality synthetic diesel, gas, and electricity. The petrol component will be further converted into innovative construction stones.

Each Avis Global Green Energy Industrial Park will generate up to 1,000 new jobs and micro credits will be distributed via AVIS Humanitarian Foundation to the local cities to fund further education and job growth. The first facility will start its operation in 2017. The financing for these plants is secured with sovereign notes and the bond program issued by AVIS Global Green Energy Fund.