Item 1.01. Entry into a Material Definitive Agreement.

On April 1, 2022, Millennium Sustainable Ventures Corp. ("MILC") announces that a wholly owned subsidiary (the "Tenant"), has entered into a 10-year triple-net lease (the "Lease") with a wholly owned subsidiary of Power REIT (the "Landlord), in connection with an 88-acre property located in O'Neill, Nebraska (the "Property"). As part of the transaction, Tenant has arranged a $3 million non-recourse loan with a fixed interest rate of 1.5% and a four-year term. The loan is secured by Furniture, Fixtures, and Equipment, which was purchased by the Tenant, as well as crops.

The foregoing descriptions of the lease does not purport to be complete and are qualified in its entirety by reference to the complete text of the Lease, a copy of which is attached hereto as Exhibit 10.1 and is incorporated into this Current Report on Form 8-K by reference.

Item 9.01. Financial Statements and Exhibits





Exhibits



Ex. No.   Description

10.1        Lease Agreement with subsidiary of Power REIT

99.1        Press Release of Millennium Sustainable Ventures Corp. - Millennium
          Sustainable Ventures Corp. Announces Expansion of its Footprint with a
          1.1 million square foot Greenhouse Facility, Immediate Plans to Commence
          Cultivation of Tomatoes, Introduction of Millennium Produce as a New
          Operating Segment

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