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Cielo Advances Renewable Fuel Project and Financial Health

Cielo Advances Renewable Fuel Project and Financial Health

Cielo Waste Solutions (TSE:CMC) has released an update.

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Cielo Waste Solutions is propelling its Carseland Project in Alberta towards producing renewable diesel and aviation fuels, with a recent order for a key Biomass Gasifier and the submission of an environmental permit application. The company further strengthens its financial structure by settling a debt with a share issuance, pending regulatory approval. The Carseland facility, which aims to start production in 2026, is set to manufacture fuels that surpass Canada’s Clean Fuel Standards and does not compete with food sources for feedstock.

For further insights into TSE:CMC stock, check out TipRanks’ Stock Analysis page.

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