Tidewater Renewables Ltd. (TSE:LCFS) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Tidewater Renewables Ltd. has successfully finalized a significant transaction with Tidewater Midstream, selling various assets for $122 million and securing a steady cash flow through the sale of BC LCFS credits until 2025. This strategic move allows the company to repay debt and lower financing costs, which is expected to bolster its balance sheet and support its renewable fuels endeavors including the HDRD Complex.
For further insights into TSE:LCFS stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue