Summary of Cielo Waste Solutions Update / Briefing (November 20, 2025) Company Overview - Cielo Waste Solutions is a waste solutions development company focused on converting difficult waste streams into low-carbon, commercially viable fuel [2][3] - The company is technology neutral, selecting proven third-party technologies based on project-specific feedstock economics and regulatory environments [3] Project Nexus Update - Cielo is advancing Project Nexus, which aims to develop a facility in Prince George, British Columbia, leveraging the area's industrial hub advantages, including skilled labor and existing biofuel facilities [4][5] - The company is working with local groups to secure a site for the project, emphasizing the importance of access to rail and utilities for waste processing [5] Feedstock and Production - The feedstock opportunities in the Prince George area are abundant, particularly in wood waste, which aligns with Cielo's focus on sustainable aviation fuel (SAF) production [5][9] - Cielo has a foundational feedstock Memorandum of Understanding (MOU) for Project Nexus, with plans for a long-term supply agreement [12][13][32] - The company aims to produce SAF as its primary output, capitalizing on the economic advantages provided by the British Columbia Low Carbon Fuel Standard (LCFS) [14][11] Regulatory and Financial Support - Both the BC provincial government and the federal government are providing strong support for renewable fuel projects, including the Clean Fuels Fund and the Strategic Innovation Fund's Net Zero Accelerator Program [8][9] - Cielo plans to apply for a Clean Fuels Fund grant, expecting to hear back by the end of the year [15][36] - The LCFS framework allows Cielo to potentially fund up to half of the project through carbon credit minting, significantly de-risking the investment [25][39] Market Demand and Competition - There is a significant supply shortage for SAF in British Columbia, with existing contracts in place but not meeting the mandated demand [10][40] - Cielo is not aware of any other SAF production facilities in British Columbia, positioning itself uniquely in the market [40] Future Plans and Milestones - The company is currently in the pre-FEED (Front-End Engineering Design) phase, with expectations to complete this process in the coming months [30][41] - Cielo aims to secure feedstock supply agreements and finalize project financing as it progresses through the pre-FEED stage [41][25] Additional Insights - Cielo is focused on building a business rather than developing technology, which allows for a more straightforward project execution [14] - The company is exploring various outputs, including renewable diesel and biomethanol, but will primarily focus on SAF for the time being [20][22] - The project is expected to have a significant impact on decarbonizing the aviation fuel industry in Canada [9][14] This summary captures the key points from the Cielo Waste Solutions update, highlighting the company's strategic direction, project developments, regulatory support, and market positioning.

Core Insights - HyOrc Corporation has entered a joint venture with Start Lda to develop a national network of green methanol plants in Portugal, utilizing HyOrc's RDF-to-methanol technology [1][2] - The project aims to support Europe's transition from fossil fuels and aligns with decarbonization goals in shipping and heavy industry [2] Project Details - The initial phase will deploy a 35 Tons Per Day (TPD) launch unit in Porto, producing 8 TPD of methanol, with plans to scale to five full-scale sites, each processing 300 TPD of Municipal Waste to produce 80 TPD of green methanol [2] - Over a 10-year period, the project is projected to generate over $3.25 billion in total revenues, establishing a robust waste-to-fuel portfolio in Europe [3] Joint Venture Structure - The joint venture will have a 50/50 equity ownership structure, with HyOrc providing gasifiers, methanol technology, and project leadership, while Start Lda contributes land, permitting, and local infrastructure [8] - HyOrc retains intellectual property rights and appoints the Managing Director of the joint venture [8] Company Background - HyOrc Corporation specializes in developing advanced waste-to-methanol systems and hydrogen engines for various sectors, aiming to decarbonize hard-to-abate industries without relying on subsidies [5] - Start Lda focuses on waste processing, logistics, and clean fuel technologies, emphasizing sustainable practices and regional execution [7]

Core Insights - HyOrc Corporation has signed a Memorandum of Understanding (MOU) with Acetech Metals Limited to develop a municipal waste to green methanol production facility in Scunthorpe, UK [1][4] Project Overview - The project will deploy a 35 tons per day (TPD) Municipal Waste: Refuse-Derived Fuel (RDF) gasification plant combined with a methanol synthesis unit, with plans to scale up to a 150 TPD integrated facility [2][3] - Once fully operational, the facility is expected to produce approximately 12,000 metric tons of methanol annually over a projected 25-year lifespan [2] Financial and Operational Highlights - The planned scale-up to 150 TPD capacity is expected to support the production of an estimated $200 million of green methanol over the project's lifetime [3] - Acetech will arrange RDF supplies and provide the necessary industrial land under a long-term agreement [3] - HyOrc will deliver proprietary gasification and methanol synthesis equipment, retaining ownership and licensing rights [3] Strategic Importance - This collaboration is a significant milestone in HyOrc's mission to decarbonize hard-to-abate sectors using waste-to-fuel solutions [4] - The project is the first of a series of waste to green methanol projects planned by HyOrc as part of its green fuels portfolio rollout [4] Company Background - HyOrc Corporation develops and commercializes advanced waste to methanol systems and hydrogen combustion engines for various sectors [6] - The company is backed by a growing patent portfolio and ISO-certified operations, aiming to decarbonize sectors without relying on subsidies [6] - Acetech Metals Limited is a UK-based recycling and waste processing company focused on sustainable materials management and clean energy projects [7]