Cielo confirms MOU for Lethbridge Refinery

first_img Image: Cielo confirms MOU for Lethbridge Refinery. Photo: Courtesy of Markus Naujoks/Pixabay Cielo Waste Solutions Corp. is pleased to announce that it has received the balance of the $250,000 joint venture fee (JV Fee) from Renewable U Lethbridge (Renewable U LA) pursuant to a Memorandum of Understanding between Cielo and Renewable U LA (the MOU) as announced on July 30, 2019.Renewable U LA advanced $100,000 to Cielo upon the signing of the MOU and has now delivered the balance of the fee to secure the territory of Lethbridge, AB and the area encompassing a 100-km radius around Lethbridge. Cielo and Renewable U LA will proceed with the negotiation of a joint venture agreement with terms that are substantially the same as those previously announced for the four joint- venture refineries in Alberta.The MOU for Lethbridge marks Cielo’s fifth renewable diesel JV refinery that are intended to each be engineered to convert approximately three tonnes of garbage per hour, including plastics, into high-grade renewable fuels, using Cielo’s proprietary technology. Renewable U Energy Inc. and its affiliated companies, including Renewable U LA, will be financing Cielo JV refineries to be built in Lethbridge, Grande Prairie, Medicine Hat and Brooks. The original refinery is now being commissioned in Aldersyde, just outside of Calgary.Lionel Robins, CEO of Renewable U LA, commented “We are pleased with the favorable response we are receiving from key stakeholders in Alberta. This further demonstrates to us that we are not the only ones that believe in the unique and proprietary technology that Cielo is commercializing. Not only do we feel positive about having advanced $1 Million in JV Fees to Cielo and the way things are progressing at Cielo’s Aldersyde refinery, but we are also proud and honored to be contributing to Cielo achieving their goal to have Canada be recognized as a world-leader in solving the planet’s garbage crisis through green renewable fuel technologies.”An operational update will soon follow.Executive Change:Cielo would also like to announce that Michael Yeung, VP of Capital Markets and Business Development, will be leaving Cielo to pursue other opportunities. “We were very fortunate to have had Michael on the team,” said Don Allan, President and CEO of Cielo. “We wish him good fortune in his new ventures and thank him for his time with us.” Source: Company Press Release Cielo and Renewable U LA will proceed with the negotiation of a joint venture agreement with terms that are substantially the same as those previously announced for the four joint- venture refineries in Albertalast_img read more

Jungly Sea Kings Join FS Charles de Gaulle amid Anglo-French Exercise

first_img View post tag: Anglo-French View post tag: Kings Training & Education November 2, 2012 View post tag: sea View post tag: de View post tag: Naval View post tag: Gaulle View post tag: News by topic View post tag: FS Jungly Sea Kings Join FS Charles de Gaulle amid Anglo-French Exercise View post tag: Charles View post tag: Navy View post tag: join Back to overview,Home naval-today Jungly Sea Kings Join FS Charles de Gaulle amid Anglo-French Exercise View post tag: Jungly View post tag: Exercise Jungly Sea Kings of the Commando Helicopter Force were given a glimpse of traditional style aircraft carrier operations when they joined France’s flagship.The green helicopters, used to carry Royal Marines and their kit into battle, flew on to FS Charles de Gaulle in the Med in the middle of a major Anglo-French exercise.The two joined forces as Britain’s Response Force Task Group linked up with the Charles de Gaulle battlegroup in the Med for Corsican Lion.The two-week exercise drew to a close at the weekend watched by the defence secretaries of Britain and France; before they visited British and French marines and their kit had been put ashore on Corsica’s east shore – renamed the fictional Barbary Coast for the exercise.The amphibious ships in the Anglo-French task force (HMS Bulwark, Illustrious, RFA Mounts Bay, FS Mistral) delivered the troops and kit to their destination by landing craft and Jungly helicopters, with the de Gaulle providing fast jet air power courtesy of her Super Étendards and Rafales.As part of all that interopérabilité, some of the CHF Sea Kings dropped in on the French porte-avions.“It’s an awesome-sized ship – it’s like a small airfield at sea.“Flying on to her between the waves of fixed wing taking off and landing is pretty tight, an insight into our future carrier operations,” said Sea King pilot Lt Will Orme, the first Junglie to land on France’s flagship.Although the main training objective was to prove that the two countries could work side-by-side, it also offered the chance to integrate each others equipment and communications as Britain and France look to forge a Combined Joint Expeditionary Force, ready to respond to global events at short notice, by the middle of the decade.“Trooping drills with the French Marines are the same as with our Royal Marines,” said Cpl Mark Haffenden RM, a Junglie aircrewman.“They have some different ways of operating and everyone is interested in their kit. We’ve flew around the exercise area and they have the same tactics as 3 Commando Brigade.”The Junglies were based on Illustrious for Corsican Lion and joined Lusty in Toulon harbour once the exercise ended.The Anglo-French training was the first major ‘set piece’ event of Cougar 12, the annual deployment of the Response Force Task Group which is the RN’s short-notice force ready to act on the world stage if required – as it did 12 months ago off Libya.Next up for the group is rare training with the Albanian armed forces on the east shore of the Adriatic, Exercise Albanian Lion.[mappress]Naval Today Staff, November 2, 2012; Image: Royal Navy Share this articlelast_img read more