Cielo Waste Solutions Corp. V.CMC

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

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. > New Press Release - Cielo Announces Asset Purchase Agreement with Expander Energy Inc. to Deploy Market Ready Technology for Production of Low Carbon Renewable Synthetic Fuel

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Comment by lscfaon Sep 21, 2023 1:26am

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Post# 35646796

RE:RE: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 Fuel

Upon further dd it appears Slave Lake is just an announced project. And so too is Carseland. So just what the hell assets is Cielo buying for $45 million? Is it really an upfront licensing fee? Seems excessive when Cielo will also have to pay to build the plants as well as pay royalties on gross revenues.

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