RenX Enterprises Secures Green Waste Removal Purchase Order and Expands Services in the Tampa Market

MIAMI, FL, March 03, 2026 (GLOBE NEWSWIRE) --

(NASDAQ: RENX (“RenX” or the “Company”), a technology-driven environmental processing and sustainable materials company, today announced that it has secured a purchase order for green waste removal services with a major multi-location landscaping services provider in the Tampa, Florida market.

Under this purchase order, the Company provides transportation and disposal services for green waste debris, including brush, wood waste, palm, stumps, and root balls, utilizing its in-house fleet of semi-trailers and grapple trucks. Importantly, the inbound organic material collected through these engagements can be used additional feedstock for the Company’s compost and sustainable soil products, and is expected to generate outbound revenue opportunities and support higher utilization of the Company’s processing facility. As the Company continues to scale its inbound material streams, this feedstock is also expected to serve as input for the planned Microtec milling system, further enhancing the Company’s ability to produce engineered growing media with defined specifications.

The Company has completed its initial purchase order, a five-trailer pickup completed in early February 2026, and has since received a second purchase order for three additional trailer loads. All collected organic material is transported to the Company’s permitted 80+ acre organics processing facility in Myakka City, Florida, where it is processed into value-added compost and sustainable soil products.

“This new customer relationship validates our service model and, we believe, reflects the growing demand for reliable, professional green waste removal in the Tampa Bay region,” said David Villarreal, Chief Executive Officer of RenX Enterprises Corp. “Every load of green waste we pick up not only generates hauling revenue, but also feeds our compost and soil products pipeline, creating a potential dual revenue stream from each engagement. As we prepare to deploy the Microtec system, growing our inbound feedstock base is critical to ensure we can fully utilize such technology at scale.”

This purchase order is part of a broader strategy to expand the Company’s waste hauling and organic material recovery services across the greater Tampa Bay and Southwest Florida markets. By building a diversified customer base of commercial landscaping, land clearing, and municipal clients, the Company aims to grow both inbound feedstock volumes and outbound product sales while generating revenue streams that support long-term growth.

RenX Enterprises Corp. is a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for agricultural, commercial, and consumer end markets. The Company’s platform is designed to be differentiated by its use of advanced milling and material-processing technology, including a planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates. This technology-enabled approach will allow RenX to move beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specifications.

RenX’s core operations are anchored by a permitted 80+ acre organics processing facility in Myakka City, Florida. At this facility, the Company integrates organics processing, advanced milling, blending, and in-house logistics to support the localized production of proprietary soil substrates and potting media. The Company believes that by optimizing products for regional feedstocks and customer requirements, it can shorten supply chains, enhance quality control, and improve unit economics while serving higher-value end markets. The Company also owns a portfolio of legacy real estate assets, which it intends to monetize to fund its core technology-driven environmental processing platform.