Tidewater Renewables Ltd T.LCFS

Alternate Symbol(s): TDWRF

Energy Oil & Gas Refining & Marketing

Tidewater Renewables Ltd. is a multi-faceted energy transition company. The Company is focused on the production of low carbon fuels, including renewable diesel. The Company is focused on turning a variety of renewable feedstocks, such as tallow, used cooking oil, distillers corn oil, soybean oil, canola oil and other biomasses into low carbon fuels. Its assets are located in Alberta and British Columbia. Its renewable fuel assets are co-located at the Prince George Refinery (the PGR). Its assets at the PGR include the Renewable Diesel & Renewable Hydrogen (HDRD Complex), canola co-processing infrastructure, the fluid catalytic cracking (FCC) co-processing infrastructure and working interests in various other refinery units. Through the production of renewable fuels, it generates operating emission credits, including the British Columbia Low Carbon Fuel credits (BC LCFS) and the Canadian Clean Fuel regulations (CFR) credits, which are sold to various counterparties.

TSX:LCFS - Post by User

Tidewater Renewables Ltd > Credit where due.

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Comment by wynneron Sep 20, 2024 9:23am

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Post# 36232764

RE:RE:Credit where due.

wynner wrote:
wynner wrote: CARB LCFS credits up to $57 USD/ton as of yesterday. Up again.
TWM has to get credits from somewhere.
--------------------------------------------

Revenue for the three

and six months ended June 30, 2024, includes approximately $55.7 million and $85.2 million of operating

emissions credit sales, respectively. For the same periods of 2023, there were no operating emissions

credit sales.

CARB credits still at $57US in August.

Meanwhile : BC LCFS : 1400 credits in one transaction ..........$350 ! as per the BC gov't. August.

Could it be Tidewater? I don't know. Could be? Who else is there?

I bought several thousand lower than today's price. Ready to add more after TWM secures financing next week.