On February 24, 2015, the Australian Renewable Energy Agency (ARENA) announced $5.2 million in funding that would go to the design and construction of a pilot scale biofuel production facility in Perth. The company in charge of creating the facility is Renergi, a startup established in 2012 with the goal of commercializing a suite of energy technologies that were developed in Curtin University's Fuels and Energy Technology Institute. The production facility will contain a 100 kg per hour biomass conversion unit and a 20 liter per hour biorefinery unit. As described in the ARENA announcement, the plant will convert agriculture waste, as well as other biomass, into transport fuels through a process that 'incorporates steel grinding balls into a rotating biomass conversion unit, allowing simultaneous break-down and gasification.' The project is expected to cost a total of $12.9 million and be completed in October 2017.