RE:New Press Release - Cielo Announces Asset Purchase Agreement with Expander Energy Inc. to Deploy Market Ready Technology for Production of Low Carbon Renewable Synthetic FuelThe Carseland facilty is yet to start construction. The $45 million payment must be for Slave Lake which had a capex of $30 mil, then $35 mil, then ?? for 20 million lpy, then 22 million lpy to 35 million lpy.
https://www.newswire.ca/news-releases/expander-energy-and-img-industries-form-partnership-to-create-expander-technologies-inc-to-manufacture-expander-s-patented-bio-mass-gasifier-for-the-production-of-low-carbon-renewable-fuels-891978056.html
https://www.newswire.ca/news-releases/expander-energy-to-construct-first-bio-syndiesel-r-project-877056730.html
https://www.newswire.ca/news-releases/expander-energy-inc-to-produce-net-zero-carbon-intensity-bio-synthetic-diesel-fuel-844662397.html
https://www.newswire.ca/news-releases/expander-energy-to-produce-net-zero-carbon-fuels-by-2024-860261771.html
https://www.newswire.ca/news-releases/expander-energy-receives-environmental-permit-for-canada-s-first-biomass-gas-to-liquids-plant-858134761.html