Cielo Waste Solutions set a date to brief investors on its flagship Project Nexus, with a live session scheduled for November 20, 2025 at 11:00 a.m. MST. The Calgary issuer says it will use the event to outline technology integrations, partnership progress, and near term milestones. A live Q&A session is planned.
Early-Stage Milestones And Funding Path
Management positioned Project Nexus in September as its first commercial platform, advancing toward pre-FEED at a northern B.C. site, with pre-FEED meaning early engineering and integration work ahead of Front End Engineering Design.
Cielo said the team has begun due diligence on the location and is aligning technology partners, an early signal on sequencing and permitting. The issuer also disclosed a C$5 million Clean Fuels Fund grant application, and flagged potential support from CleanBC and the Strategic Innovation Fund as it moves through studies.
NRCan’s Clean Fuels Fund can support studies up to C$5 million per project, which helps de-risk early engineering. “Project Nexus marks the beginning of a new chapter for Cielo,” said Ryan Jackson.
Execution Questions
Ottawa added context in September with a C$370 million Biofuels Production Incentive aimed at biodiesel and renewable diesel production from January 2026 through December 2027, a visible signal on clean fuels. Industry reception was supportive, with Advanced Biofuels Canada saying “Today’s announcement is welcome, it gives our domestic biofuels sector the chance not only to compete, but to grow,” said Fred Ghatala.
For Cielo, which has focused Project Nexus on renewable natural gas and hydrogen, the program does not directly apply, but it sets an encouraging policy tone. Trading wise, the Canadian Investment Regulatory Organization requested a clarification on October 24, and Cielo issued a no material change statement during elevated activity.
On October 9, Cielo announced a non-brokered private placement of up to C$2 million, earmarked for regulatory work, early stage engineering, and obligations tied to its Expander settlement.
What To Watch On Nov. 20
A clear timetable to complete pre-FEED and move into FEED would help map capex and delivery risk. Detail on site selection, feedstock contracts, permits, and any third-party technology commitments would also be material.
Clarity on funding mix, including progress on grants or provincial programs, will shape the cost of capital. The planned Q&A could surface concrete numbers on milestones, from engineering gates to partner deliverables.
