Clean Vision Corporation (OTC: CLNV), a rising force in cutting-edge plastic recycling and clean fuel advancement, is pleased to declare the initiation of a $340 million Green Bond Offering through its subsidiary, Clean-Seas Partners UK Limited. The proceeds from this offering will finance projects in Morocco, West Virginia, Arizona, Georgia, and Eastern Europe. As a pivotal contributor to the worldwide clean technology landscape, Clean Vision Corporation (OTC: CLNV) manages its subsidiary, Clean Seas, which is dedicated to spearheading revolutionary developments in manufacturing and plastic recycling.
Recently, it was disclosed that Clean Seas has committed a substantial $50,000,000 investment in Quincy, West Virginia, located in Kanawha County. Governor Jim Justice of West Virginia made the announcement on January 16. This investment, along with commitments from various companies, including the Clean Vision subsidiary, is anticipated to preserve over 1300 jobs across these companies. Read the complete news here.
Furthermore, this investment is poised to contribute to the ongoing expansion of extensive opportunities in West Virginia. Clean Seas, along with other entities, received appreciation for expressing confidence in establishing operations in West Virginia. The state also pledged to provide any necessary assistance to ensure the success of the business venture.
On January 8, 2023, Clean Vision Corporation disclosed that its subsidiary, Clean Seas Partners UK Limited, had received a favorable second-party opinion on environmental, social, and governance (ESG) matters from the International Shareholder Service regarding its green bond offering. This Second-Party Opinion (SPO) marked a noteworthy achievement for Clean Seas UK, underscoring its dedication to upholding global ESG standards.
On October 24, 2023, Clean Seas made an announcement regarding the establishment of the engineering and development team for its project in Quincy, West Virginia. CDI Engineering Solutions was selected to deliver procurement, construction, and engineering services for the project. Furthermore, ERM was enlisted to provide support for permitting and environmental aspects of the project.
On Friday, January 19, 2024, CLNV experienced a 6.67% increase in its closing value, accompanied by higher-than-normal trading volume. Notably, the stock surpassed its 200-day moving average (DMA), enhancing its long-term prospects. Furthermore, the 50 DMA remains positioned above the 200 DMA, signalling a golden cross—an influential bullish market indicator that marks the initiation of a sustained long-term uptrend.
Finally, it is worth noting that Bowles Rice LLP was engaged as the legal and regulatory advisor for the project in Quincy. CDI Engineering Solutions, characterized as a versatile engineering firm with over seven decades of experience, has a track record of providing integrated engineering, procurement, project support, and construction oversight services across various industries such as chemicals, electrical infrastructure, and energy. On the other hand, ERM holds the distinction of being the world's largest firm exclusively dedicated to sustainability, offering advisory services in this field for over fifty years.
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