Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s): V.CMC.WT | CWSFF

Energy Oil & Gas Refining & Marketing

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.

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Cielo Waste Solutions Corp. > jv funding

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Comment by JustLooknon May 24, 2021 9:22am

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Post# 33256576

RE:RE:jv funding

lscfa wrote: Let's see how Ceilo does funding its Edmonton plant. This will indicate how RUEI may do. No damn way anyone lends Ceilo the entire $50 million. Project financing is usually 25% equity, 75% non-recourse debt.

Good point on Edm, agree. Can you or anyone help me understand the RUEI offering that you shared? Their presentation seems to imply they obtaining all debt financing except for 1.5million. They are showing 17million shares issued with 70million in valuation, yet no cash on hand. (I assume this valuation is book value, perhaps the value of the jv agreement?) How Is this enough to get financing?

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