Esker Infrastructure Corp. (formerly Cielo Waste Solutions Corp.) Completes Name Change to Reflect its Strategy as a Low-Carbon Energy Infrastructure Platform
Shareholders are not expected to exchange certificates or take other action because of the name change.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Esker Infrastructure (CWSFF) completed its name change from Cielo Waste Solutions, effective September 25, 2026. The change follows a shift from developing proprietary technology to originating, structuring and financing projects built on third-party technology.
Common shares are expected to begin trading as ESKR on the TSX Venture Exchange and ESKRF on the OTCQB on October 2, 2026. Exchange approval of the name change is conditional. Project Nahoonai in British Columbia remains before a final investment decision. The company expects it to be executed in phases across multiple sites, subject to each site meeting criteria for a financeable project. The name change does not alter issued and outstanding share capital.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointBusiness model has shifted toward originating, structuring and financing infrastructure projects using third-party technology.
- Minor point. Forward-looking: it has not happened yet and may not happen.Project Nahoonai is expected to be executed in phases across multiple British Columbia sites.
Negative
- Moderate pointProject Nahoonai remains before a final investment decision.
- Minor point. Forward-looking: it has not happened yet and may not happen.Each Nahoonai site must meet criteria for a financeable project before the expected phased execution.
- Minor pointTSX Venture Exchange approval of the name change is conditional.
Key Figures
- Name change effective date
- September 25, 2026
- Esker Infrastructure Corp. name change took effect
- New ticker trading date
- October 2, 2026
- Expected start of trading under the new TSXV and OTCQB symbols
Key Terms
cusip technical
isin technical
final investment decision financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
CALGARY, Alberta, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Esker Infrastructure Corp. (formerly Cielo Waste Solutions Corp.) (TSXV: CMC; OTCQB: CWSFF) (“Esker” or the “Company”) is pleased to announce it has changed its name to Esker Infrastructure Corp. (“Esker”), effective September 25, 2026, marking the final step in a year-long strategic transformation from a technology developer into a project developer. The name change reflects the Company’s previously disclosed strategic direction and business activities — specifically, its deliberate shift away from developing proprietary technology and toward originating, structuring, and financing infrastructure projects built on proven, third-party technologies.
The TSX Venture Exchange ("TSXV") has conditionally approved the Company’s name change. The Company expects its common shares to begin trading on the TSXV under the new name and ticker symbol "ESKR" and on the OTCQB under the ticker symbol "ESKRF" at the opening of trading on October 2, 2026. The Company’s new CUSIP number will be 29643A109 and its new ISIN will be CA29643A1093. The Company’s listed common share purchase warrants issued in July 2022 and expiring in July 2027 are expected to begin trading under the new symbol “ESKR.WT” also at the opening of trading on October 2, 2026. The warrants will have the new CUSIP number 29643A117 and ISIN CA29643A1176.
Why Esker
An esker is a ridge formed by water flowing beneath a glacier that creates a durable path through the landscape - a structure that outlasts the system that created it.
“Our new name reflects our strategy,” said Ryan C. Jackson, Chief Executive Officer. “We are a company that originates, structures and finances long-term, low-carbon energy infrastructure. We develop projects that are built to last.”
Esker’s Strategy
Over the past year, the Company has systematically repositioned its business model to focus on project origination and development rather than technology innovation. This transition has been supported by a renewed executive team and Board of Directors, a risk-gated framework for capital deployment, and a disciplined project development process designed to support sustainable, long-term growth. Together, these changes represent a comprehensive realignment of the Company’s strategy, governance and operational approach. The name change is the final chapter in that transition.
Esker’s inaugural project, Project Nahoonai, is expected to be executed in several phases across multiple sites in British Columbia, subject to meeting the criteria required to structure a financeable project at each site and is currently in a pre-final investment decision (“FID”) stage.
“The name change is a change in identity, not in direction,” added Mr. Jackson. “The strategy that has guided our recent executive and Board appointments — building the team and the platform needed to originate, structure and finance a pipeline of projects.”
No Action Required
The name change will not result in a change to the Company’s business, affairs or issued and outstanding share capital. Existing share certificates representing common shares of the Company are expected to remain valid and shareholders are not expected to be required to exchange their share certificates.
Other than the change in the Company’s name and trading symbols described above, shareholders are not required to take any action as a result of the name change.
ABOUT ESKER
Esker Infrastructure Corp. (formerly Cielo Waste Solutions Corp.) is a project development company advancing sustainable aviation fuel and other low-carbon energy projects. Esker combines strategic feedstock partnerships with proven third-party technologies to develop a scalable pipeline of waste-to-fuels projects, anchored by its flagship Project Nahoonai in British Columbia.
For further information, please contact:
Esker Investor Relations
Ryan C. Jackson, Chief Executive Officer
Phone: (403) 348-2972
Email: investors@eskercorp.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release may contain certain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the approval of the TSXV, the anticipated commencement of trading of the Company’s common shares and share purchase warrants under its new name and trading symbols, the continued validity of existing share certificates and whether shareholders will be required to exchange their share certificates, the Company’s leadership team, the Company’s continued transition to, and implementation of, its business model as a project developer and low-carbon energy infrastructure platform, the Company’s business strategy, including the origination, structuring, financing and development of a portfolio of waste-to-fuels and other low-carbon energy projects, the development and execution of Project Nahoonai in multiple phases and across multiple sites in British Columbia; the satisfaction of the criteria required to structure a financeable project at each site; the advancement of multiple sites, sustainable, long-term growth, and the Company’s project pipeline.
Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors, many of which are beyond the control of the Company, that may cause actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
FAQ
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