USA COMPANY BUYS 22,000 HECTARES OF LAND

Silicon Valley billionaires backed company buys 22,000 hectares of farmland to build new city

epa10840589 Wind turbines on a ranch and farmland in the Montezuma Hills area in Solano County, California, USA, 29 August 2023 (issued 04 September 2023). Thousands of acres of farmland in Solano County bought for over $800 million by the Flannery Associates, a company created by businessman Jan Sramek and backed by wealthy Silicon Valley notable investors. The land acquisition has drawn scrutiny from San Francisco Bay Area residents, local politicians, and federal government agencies, in part because of Sramek's reported interest in building a new city from scratch on the land. The plan was unveiled 31 August 2023 by California Forever, the parent company of Flannery Associates, on their new website californiaforever.com. EPA/JOHN G. MABANGLO

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