Pyrolysis & Biochar Fertilizer Manufacturing Expansion Feasibility Study Supports USDA FIELDS and B&I Financing in Duval County, Florida

Wert-Berater, Inc. prepared an independent feasibility study for a $32.2 million pyrolysis and biochar enhanced-efficiency fertilizer manufacturing expansion at an operating plant in Jacksonville, Duval County, Florida, supporting a USDA FIELDS cost-share grant application and a USDA Business & Industry guaranteed term loan. The study evaluated economic, market, technical, financial, and management feasibility against federal program standards, rendering a weighted score of 3.72 of 5.00 and a determination of Conditionally Favorable, restating to Favorable upon satisfaction of three conditions precedent. Steady-state projections reflect $56.3 million in operating revenue, a 65.1% EBITDA margin, and first-production-year global debt-service coverage of 2.66x under a deliberately harsh full-payment convention against a 1.25x covenant.