- Atlantic Power & Infrastructure Corp.'s subsidiary NGAG Inc. secures two significant supply contracts with UK-based Bioelements Ltd.
- Contracts involve the shipment of potassium humates and polysaccharide formulations to Europe by June 2025.
- Product offerings cater to both B2B and B2C markets, with ECOCERT certified products for farming distributors.
Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) has announced that its wholly owned subsidiary, Next Generation Agriculture Inc. (NGAG Inc.), has secured two substantial supply contracts for bio-stimulants with UK-based Bioelements Ltd. These contracts signify a strategic entry into the international bio-stimulant market, with shipments slated for dispatch in June 2025.
The agreements include the provision of high specification potassium humates and unique polysaccharide formulations. These components are integral to complex bio-stimulants being developed by Bioelements Ltd., a company that specializes in creating multi-component agricultural products. The collaboration leverages Bioelements' expertise in synergizing different species of antagonistic microorganisms to support global agricultural needs.
NGAG Inc., through its subsidiary NGAG Biotech Pvt. Ltd., is poised to serve both B2B and B2C markets. The company offers plant and mineral-based solutions tailored for bio-stimulant and crop nutrition product manufacturers. Additionally, its ECOCERT certified products are available for distribution to international and regional farming distributors. This diverse product lineup underscores NGAG's capability to meet rising global demand in the agricultural sector.
Martin Driscoll, President of NGAG Inc., expressed enthusiasm over the partnership, highlighting the significance of collaborating with Bioelements Ltd. to deliver innovative bio-stimulant solutions to the European market. Kevin Bagnall, CEO and Chairman of Atlantic Power & Infrastructure Corp., emphasized the contracts as a pivotal step in expanding the company's reach within the agricultural industry, both domestically and internationally.
