Cielo Announces a Significant Transaction as it Closes its Previously Announced $3.5 Million Credit Facility to Fund 1st Commercial Garbage to High Grade Renewable Diesel Refinery
Vancouver, BC, Canada / November 6, 2017: Cielo Waste Solutions Corp. is pleased to announce that it has completed its financing arrangement with a private Alberta based Lender. Cielo and the Lender have entered into a loan agreement, whereby the Lender will make available up to $3,500,000 until September 30, 2018, to be used by Cielo primarily for the conversion of its first commercial refinery on its property in High River, Alberta.
Cielo focuses on renewable diesel refining and specializes in advanced technologies, which focuses on materials recovery, renewable diesel and landfill reduction. The company provides solutions for waste management.