Waste Energy secures up to $750,000 non-dilutive financing commitment

Waste Energy (WAST) closed the first tranche of $175,000 of a non-dilutive issuance of non-convertable preferred shares financing of up to $750,000 to complete its first waste-to-energy conversion facility in Fayetteville, North Carolina. The capital will be used to finalize the build-out of the site, which is expected to be fully operational by June 1, 2025, pending completion of the site build-out, permitting and compliance approvals.