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Cielo Waste Solutions sells inactive assets for $3.9 million to focus on renewable energy tech.
Cielo Waste Solutions Corp. has sold its inactive assets for $3.9 million to focus on its biomass-to-renewable-fuels technology.
The transaction includes the assignment of a $2.6 million mortgage loan, which the buyer will assume.
This move allows Cielo to streamline operations and concentrate on expanding its licensed technologies for renewable energy production.
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Cielo Waste Solutions vende activos inactivos por $3.9 millones para centrarse en tecnología de energía renovable.