News

October 4, 2022

Northstar's Phase 1 Expansion Program Fully Funded

 

Northstar and Renewable U Energy Inc. announce strategic partnership to fully fund Northstar’s Phase 1 Expansion through financing of over $43.5 million.

As an emerging innovator in sustainable processing, Northstar's mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America, extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.

Focused on bringing used residential asphalt shingles as well as manufactures rejects, to the circular economy, Northstar has a proprietary method to reprocess asphalt shingle waste back into its three base components for reuse/resale at both its Empower Pilot Facility in Delta, British Columbia and its first commercial scale up facility in Calgary, Alberta.

Renewable U is a private corporation focused on funding ESG projects that will help preserve our world for future generations. Renewable U is strongly focused on participating in first-to-market projects that involve advancing innovation in the renewable energy and green technology sectors. Renewable U has exclusive territorial rights to projects across North America and are evaluating other additional investment opportunities. Renewable U's mission is to build diversified revenue streams across multiple vertical markets within the renewable energy and technology sectors. For further information about Renewable U, please visit www.renewableu.ca.

To Learn more click here ► https://www.newswire.ca/news-releases/northstar-and-renewable-u-energy-inc-announce-strategic-partnership-to-fully-fund-northstar-s-phase-1-expansion-program-through-financing-of-over-43-5-million-857794938.html