Waste Energy Formally Takes Possession of New Flagship Waste-to-Energy Conversion Site and Corporate Headquarters in Midland, Texas
Waste Energy (OTCQB:WAST) has taken possession of a new 3.7-acre facility in Midland, Texas, which will serve as both its corporate headquarters and first commercial-scale waste-to-energy (WTE) operation. The strategic location in the Permian Basin positions the company near crucial infrastructure and potential customers.
The company has partnered with Cambridge Project Development, led by waste-to-energy expert Leonard Enriquez, to oversee the site's engineering and construction. The facility is designed to convert plastic and tire waste into clean energy products, including ultra-low sulfur diesel and carbon black, with immediate revenue generation potential given the high local fuel demand from oil rigs consuming 2,000-8,000 gallons of diesel per day.
Waste Energy (OTCQB:WAST) ha acquisito una nuova struttura di 3,7 acri a Midland, Texas, che fungerà sia da sede centrale aziendale sia da prima operazione commerciale su larga scala di trasformazione dei rifiuti in energia (WTE). La posizione strategica nel Permian Basin colloca l'azienda vicino a infrastrutture fondamentali e potenziali clienti.
L'azienda ha stretto una collaborazione con Cambridge Project Development, guidata dall'esperto di waste-to-energy Leonard Enriquez, per supervisionare l'ingegneria e la costruzione del sito. La struttura è progettata per convertire rifiuti plastici e pneumatici in prodotti energetici puliti, tra cui diesel a bassissimo tenore di zolfo e carbon black, con un potenziale immediato di generazione di ricavi grazie all'elevata domanda locale di carburante da parte delle piattaforme petrolifere che consumano 2.000-8.000 galloni di diesel al giorno.
Waste Energy (OTCQB:WAST) ha adquirido una nueva instalación de 3.7 acres en Midland, Texas, que servirá tanto como su sede corporativa como su primera operación comercial a gran escala de conversión de residuos en energía (WTE). La ubicación estratégica en la Cuenca Pérmica posiciona a la empresa cerca de infraestructuras clave y clientes potenciales.
La compañía se ha asociado con Cambridge Project Development, liderada por el experto en waste-to-energy Leonard Enriquez, para supervisar la ingeniería y construcción del sitio. La instalación está diseñada para convertir residuos plásticos y neumáticos en productos energéticos limpios, incluyendo diésel ultra bajo en azufre y negro de carbono, con un potencial inmediato de generación de ingresos debido a la alta demanda local de combustible de las plataformas petroleras que consumen 2,000-8,000 galones de diésel por día.
Waste Energy (OTCQB:WAST)는 텍사스 주 미들랜드에 3.7에이커 규모의 새로운 시설을 확보했으며, 이곳은 회사의 본사이자 첫 번째 상업 규모 폐기물 에너지 전환(WTE) 사업장으로 사용될 예정입니다. 퍼미안 분지에 위치한 이 전략적 장소는 중요한 인프라와 잠재 고객과 가까워 회사에 유리한 입지를 제공합니다.
회사는 폐기물 에너지 전문가 레너드 엔리케즈가 이끄는 Cambridge Project Development와 협력하여 사이트의 엔지니어링과 건설을 관리하고 있습니다. 이 시설은 플라스틱 및 타이어 폐기물을 초저유황 디젤과 카본 블랙을 포함한 청정 에너지 제품으로 전환하도록 설계되었으며, 하루 2,000~8,000갤런의 디젤을 소비하는 유전 장비의 높은 현지 연료 수요로 즉각적인 수익 창출 가능성을 가지고 있습니다.
Waste Energy (OTCQB:WAST) a pris possession d'une nouvelle installation de 3,7 acres à Midland, Texas, qui servira à la fois de siège social et de première opération commerciale à grande échelle de valorisation énergétique des déchets (WTE). L'emplacement stratégique dans le Permian Basin place l'entreprise à proximité d'infrastructures clés et de clients potentiels.
L'entreprise s'est associée à Cambridge Project Development, dirigée par l'expert en valorisation énergétique des déchets Leonard Enriquez, pour superviser l'ingénierie et la construction du site. L'installation est conçue pour convertir les déchets plastiques et pneumatiques en produits énergétiques propres, notamment du diesel ultra-faible en soufre et du noir de carbone, avec un potentiel immédiat de génération de revenus grâce à la forte demande locale en carburant des plateformes pétrolières consommant 2 000 à 8 000 gallons de diesel par jour.
Waste Energy (OTCQB:WAST) hat eine neue 3,7 Hektar große Anlage in Midland, Texas, übernommen, die sowohl als Firmenzentrale als auch als erste kommerzielle Abfall-zu-Energie (WTE) Anlage dienen wird. Die strategische Lage im Permian Basin positioniert das Unternehmen in der Nähe wichtiger Infrastruktur und potenzieller Kunden.
Das Unternehmen hat eine Partnerschaft mit Cambridge Project Development geschlossen, die von Waste-to-Energy-Experte Leonard Enriquez geleitet wird, um die Planung und den Bau der Anlage zu überwachen. Die Anlage ist darauf ausgelegt, Kunststoff- und Reifenabfälle in saubere Energieprodukte umzuwandeln, darunter ultra-niedrigschwefelhaltigen Diesel und Ruß, mit unmittelbarem Umsatzpotenzial aufgrund der hohen lokalen Kraftstoffnachfrage von Ölbohrinseln, die 2.000-8.000 Gallonen Diesel pro Tag verbrauchen.
- Strategic location in Permian Basin provides immediate access to high-demand fuel market
- Revenue generation potential from day one through immediate conversion operations
- Partnership with industry expert Cambridge Project Development enhances execution capabilities
- Facility designed for multiple revenue streams (diesel, carbon black, other clean energy assets)
- Early stage company with unproven commercial operations
- Limited size of initial facility at 3.7 acres may constrain growth potential
Company Retains Industry-Leading Firm Cambridge Project Development to Oversee Site Engineering and Construction
MIDLAND, TX / ACCESS Newswire / July 22, 2025 / Waste Energy Corp ("Waste Energy" or the "Company") (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced that it has officially taken possession of its new facility in Midland, Texas. The new site will serve as both the company's corporate headquarters and the launchpad for its first commercial-scale waste-to-energy (WTE) operation.
The 3.7-acre site is located in the heart of the Permian Basin and represents a major milestone in the company's mission to divert and convert landfill-bound plastic and tire waste into clean energy resources.
"Taking possession of our Midland facility is a transformative moment for Waste Energy," said Scott Gallagher, Chairman & CEO of Waste Energy Corp. "This location is strategically positioned in the U.S. energy capital, giving us proximity to infrastructure, partners, and offtake opportunities. It will anchor our operations as we scale our technology and expand nationally."
Unlike traditional clean tech ventures, Waste Energy's model is uniquely structured to generate revenue from day one. Its systems are engineered to produce clean ultra-low sulfur diesel, carbon black, and other clean energy assets immediately upon initiating conversion operations. Located in one of the nation's highest fuel consumption regions, the Midland site is surrounded by potential offtake customers. A standard oil rig in the Permian Basin consumes approximately 2,000 gallons of diesel per day, while some consume as much as 5,000 to 8,000 gallons per day-making this region an ideal choice for Waste Energy's first facility. The combination of strong local demand and scalable waste conversion positions the Company for a clear path to early profitability.
The company also announced that it has retained waste-to-energy firm Cambridge Project Development to assist with the build-out, engineering and commissioning of the Midland site. Cambridge is led by Leonard Enriquez, a recognized expert in waste-to-energy project development and a current member of Waste Energy's Advisory Board.
"We're proud to partner with Cambridge and Leonard Enriquez on this important project. Their proven track record in delivering large-scale waste-to-energy infrastructure adds immediate depth to our execution team," said Mr. Gallagher. "Their leadership significantly enhances our ability to fast-track development, manage complexity, and position Waste Energy for early and sustained revenue generation."
About Waste Energy Corp
Waste Energy Corp (OTCQB: WAST) is transforming waste into opportunity by converting non-recyclable plastics and used tires into clean, U.S.-based energy sources. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfills and convert it into new U.S.-based energy streams that generate measurable environmental and economic value.
Waste Energy Corp is a fully reporting SEC Exchange Act company, trading on the OTCQB under the symbol WAST. For more information, visit www.WEC.eco or access investor disclosures at www.SEC.gov.
About Cambridge Project Development
Cambridge Project Development is a specialized infrastructure consulting and project execution firm focused on delivering scalable energy and waste-to-energy solutions. Founded and led by Leonard Enriquez, a recognized expert in waste-to-energy development, the firm brings decades of hands-on experience in engineering, permitting, and operational execution. Mr. Enriquez has overseen the successful development and implementation of multiple WTE projects across North America, and his leadership has positioned Cambridge as a trusted partner for complex clean energy infrastructure. The firm combines strategic insight with on-the-ground technical expertise to accelerate the transition to sustainable resource recovery.
Forward-Looking Statements
This press release and any other publicly disclosed content contain forward-looking statements regarding Waste Energy Corp's business operations, future financial performance, and projections. These statements are subject to various risks and uncertainties, including market conditions, regulatory approvals, and other factors outside of the control of WEC, which may impact actual results. Investors are encouraged to review all risk factors and disclosures in the company's public filings with the Securities and Exchange Commission, including the Company's quarterly and annual financial statements at www.SEC.gov, before making any investment in a publicly traded equity.
Investor Contact:
Waste Energy Corp
Email: Scott@MetaWorksPlatforms.io
Phone: (727) 417-7807
Website: www.WEC.eco
SOURCE: Waste Energy Corp.
View the original press release on ACCESS Newswire
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