OLD SAYBROOK, CT/VANCOUVER, BC / ACCESSWIRE / December 16, 2025 / BluSky Carbon Inc. (CSE: BSKY) (FWB: QE4 /WKN A401NM) (“BluSky” or the “Company”), is pleased to announce it has secured an Asset Purchase Agreement (the “Asset Purchase Agreement”) and Operations, Maintenance and Asset Management Agreement (the “O&M Agreement” and together with the Asset Purchase Agreement, the “Agreements”) regarding its Arkansas biochar production facility (“AR1”).
BluSky is partnering with Associated Energy Developers (“AED”), a renewable project development company whose principals have over 40 years of experience in system design, project financing, and more. AED has developed a project financing vehicle unique to the biochar industry that can be replicated across BluSky’s entire United States project pipeline.
Deal Structure
- AED’s principals, some of its advisors, and a private investor have established a project company, WARB1 LLC (the “Project Company”), that will purchase BluSky’s AR1 facility for $8,314,650 USD.
- The Project Company will pay BluSky a $400,000 USD cash deposit within five days after the closing, followed by a $400,000 commissioning payment, payable within five days after the project is fully operational or by January 31, 2026, whichever occurs later.
- The remaining balance will be seller-financed by BluSky to be paid off minimally in 12 years at a 1.99% interest rate, which can be accelerated with profit distributions and/or additional project funding.
- As part of the turn-key acquisition of AR1, BluSky will remain as the project operators as the exclusive O&M provider for the project.
- Once the seller financing has been paid off, AED and BluSky will work in good faith to renew the O&M Agreement with BluSky or continue operations under a mutually agreed upon compensation model.
- The Project Company will take ownership of the assets of the AR1 project, including BluSky’s Vulcan Heavy unit and the $105m biochar offtake agreement.
The Agreements remain subject to closing conditions, including but not limited to, BluSky obtaining the necessary internal and external approvals and the Project Company to make the first $400,000 USD payment within five days after the closing. Both AED and BluSky completed their respective due diligence processes prior to executing the Agreements.
The Company’s CEO, Mr. Will Hessert, states “We are incredibly excited to be partnered with AED. They’ve brought their background in renewable energy projects into the biochar world and have unlocked project financing vehicles that have long eluded the industry. For the biochar industry to succeed, the industry must solve production, offtake, and financing. We are diligently working alongside AED to deploy financing into the dozens of other planned projects across the United States.”
AED’s CEO states “For decades AED has been promoting and developing renewable energy systems to help slow down the harmful effects of CO2 in our atmosphere. Through the growth of our new Carbon Division we are now taking steps to actually remove existing CO2 from the air and recycle it back into the earth. In addition to enhancing soils for farming, our biochar is applicable to many other novel markets, such as the downstream production of graphene to create new electrical storage batteries to pair with solar photovoltaics.”
About BluSky Carbon Inc. (CSE: BSKY) (FWB: QE4 /WKN: A401NM)
BluSky is a renewable energy company that is in the business of putting Carbon back into the ground – where it belongs! The Company converts organic and industrial waste into biochar, renewable power and carbonate rocks, as well as the development and sale of carbon capture technology. BluSky’s primary objectives are to (1) construct carbon removal equipment; (2) sell the biochar produced by the carbon removal equipment; and (3) sell carbon credits generated from the production of biochar. The Company’s business model is based on the growing need for carbon neutrality and demand to reduce CO2 emissions.
BluSky Carbon is publicly listed in Canada on the CSE under the symbol BSKY and in Frankfurt, Germany (FWB) under the symbol QE4. BluSky’s public filings and related documents are available on the Company’s profile page on SEDAR+ at www.sedarplus.ca. For more information about the Company, please visit https://bluskycarbon.com/ and sign up to receive news alerts or join us on social media at Facebook, X (formerly twitter), Instagram, or LinkedIn.
ON BEHALF OF THE COMPANY
William (“Will”) Hessert
Chief Executive Officer
BluSky Carbon Inc.
35 Research Parkway,
Old Saybrook, CT, 06475
Tel. (860) 577-2080
Web, https://bluskycarbon.com/
Email. info@bluskycarbon.com
Sales or partner opportunities:
Greg Pakiela, Business Development
The CSE and Information Service Provider have not reviewed and do not accept responsibility for the accuracy or adequacy of this release.
Forward Looking Information Disclaimer
This release contains statements and information that, to the extent that they are not historical fact, may constitute “forward-looking information” within the meaning of applicable securities legislation based on current expectations, estimates, forecasts, projections, beliefs and assumptions made by management of BluSky about the industry in which it operates. Forward-looking information may include financial and other projections, as well as statements regarding future plans, strategies, prospects, objectives or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as “may”, “would”, “could”, “will”, “likely”, “except”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to: the market price of the Company’s common shares; volatility in the capital markets; lack of dividends; risks associated with foreign operations; risks associated with acquisitions; competition; cyber security threats; changes in laws relating to the Company’s business; expectations regarding revenue, expenses and operations; cash needs and needs for additional financing; the intention to grow the business and operations; reliance on secondary industries; future production costs and capacity; that available funds will be sufficient to cover expenses; and other forward-looking statements are set out in the section entitled “Caution Regarding Forward-Looking Statements” in the Company’s Final Prospectus dated May 27, 2024, as amended by Amended No. 1 dated June 11, 2024, (the “Amended Prospectus”) available on www.sedarplus.ca under the Company’s profile.
Forward-looking information is based on current expectations, assumptions, estimates, forecasts, projections, analysis and opinions of management made considering its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to: regulatory requirements being maintained; general business, economic and political conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and technology offered by competitors; that good relationships with service providers and other third parties will be established and maintained; continued growth of the carbon capture technology industry and positive public opinion with respect to the carbon capture technology industry.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation the Company’s limited operating history; negative cash flow; financial position and results of operations differing materially from expectations; the expectation of incurring future losses and never becoming profitable; requiring additional capital to continue operations; reliance on the third-party service providers; strong competition from competitors in the carbon capture technology industry; technological changes in relation to carbon capture that may adversely affect adoption of current technology or the Company’s products; supply and demand for the reduction of carbon emissions; and other risk factors described in the Amended Prospectus. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
