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. > Revenue

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Comment by lscfaon Jul 15, 2021 4:12pm

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Post# 33553816

RE:Revenue

Latest investor pres. says only 3 plants by end of 2023. Also, co. has pushed the 40 plant target from 5 yrs to 5-to-7 years.

"In addition to the pilot/test facility in Aldersyde, Cielo also plans to complete one corporate facility and one JV facility by end of year 2023. With all three plants operating at full capacity Cielo expects to see annual revenues of approx. $125 million with expected annual EBIDTA of approximately $56 million."

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