Northstar Clean Technologies Inc. announces that its wholly-owned subsidiary, Empower Environmental Solutions Hamilton Ltd., has signed a non-binding letter of intent with YORK1 Environmental Waste Solutions Ltd. as general partner for and on behalf of York1 Environmental Waste Solutions, LP, related to the formation of a strategic alliance for the supply of waste roofing shingles and for co-location of complimentary facilities at the Company’s planned facility in southwestern Ontario.
The LOI expires on December 31, 2025. The parties anticipate entering into a definitive agreement by June 30, 2025. Empower Hamilton initially anticipates receiving up to 10,000 tonnes of asphalt shingles for reprocessing per annum from YORK1 facilities with a mutual understanding for the companies to increase the supply volume through time.
“We are thrilled to announce this strategic alliance with YORK1, a key milestone in advancing our plans for the Empower Hamilton Facility and additionally, a key step in our overall growth plans,” said Aidan Mills, President & CEO of Northstar. “Securing a reliable and consistent supply of waste asphalt shingles is a critical step in ensuring the success of our operations and our ability to make a significant environmental impact in southern Ontario. We are excited to work with YORK1 to create a scalable, sustainable solution for the reprocessing of asphalt shingles.”