News & Insights

One of the largest petroleum companies in the world and residential developers in Oman chose Clear Blue’s Illumient Smart Off-Grid Solar Street lights to provide reliable lighting for safety & security.  

Clear Blue drives industry leadership and global growth for large-scale Smart Off-Grid projects with a new patent for dynamic battery charging, advancements to existing solutions and expansion to Africa. January 12, 2021, TORONTO, ON — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today provides an update for its investors on key global corporate initiatives, including the opening of a new office in Nairobi, Kenya, the issuance of a new technology patent and important product and software updates.

TORONTO, ON – December 22, 2020 – Clear Blue Technologies International Inc. (the “Company” or “Clear Blue”) (TSXV:CBLU) (Frankfurt:OYA) is pleased to announce that it has closed its upsized and oversubscribed private placement, including a full exercise of the agent’s option (the “Offering”), for gross proceeds of approximately CAD$5.0 million. Echelon Wealth Partners Inc. (the “Agent”) acted as Agent and sole bookrunner for the Offering.

Anwar brings global financial leadership and public company experience to Clear Blue, to help with their growth in the global marketplace Monday, December 20, 2020, Toronto, ON – Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, is pleased to announce the appointment of Farrukh Anwar as its Chief Financial Officer (CFO). Mr. Anwar will be replacing Paul Kania, who has served as the interim Chief Financial Officer since June of 2019. In this role, Mr. Anwar will be responsible for overseeing all financial aspects of the company, while assisting the board of directors on strategic and tactical matters relating to global operations, project-based financing, future M&A activities, and growth financing.

TORONTO, ON – December 14, 2020 – Clear Blue Technologies International Inc. (the “Company” or “Clear Blue”) (TSXV:CBLU) (Frankfurt:0YA) is pleased to announce that it has upsized its previously announced brokered private placement for gross proceeds of approximately CAD$3,000,000 (the “Initial Offering”). The Company has upsized the Initial Offering to gross proceeds of up to approximately CAD$4,350,000 to accommodate investor demand (the “Offering”). Echelon Wealth Partners Inc. (the “Agent”) will act as Agent and sole bookrunner for the Offering.

TORONTO, ON – December 7, 2020 – Clear Blue Technologies International Inc. (the “Company” or “Clear Blue”) (TSXV:CBLU) (Frankfurt:0YA) is pleased to announce a brokered private placement for gross proceeds of up to approximately CAD$3,000,000 (the “Offering”). Echelon Wealth Partners Inc. (the “Agent”) will act as Agent and sole bookrunner for the Offering.

80 lights to service the Parkway in the 6th Ward had a total contract value of CAD 650K, which includes annual recurring revenues for the next three years   November 27, 2020, TORONTO, ON — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces it has delivered over 80 Illumient Smart Off-Grid power systems to help light a two-mile stretch of a major highway in the City of Allentown, Pennsylvania. The project is being undertaken in partnership with Clear Blue’s long-term regional partner, Metro-Tech Sales & Consulting, Inc. (“Metro-Tech”), offering a total contract value of $650,000 to Clear Blue, including $95,000 in annual revenue for the next three years from Energy-as-a-Service (EaaS), for a total of $285,000 in recurring revenues, with gross margins in line with what the Company has historically reported.

Revenue of $940,849, Gross Margin 40%, negative EBITDA of $796,293. November 18, 2020, TORONTO, ON — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces its 2020 third quarter and trailing four quarter (“TFQ”) period results, with the following highlights:

One of the world’s leading telecommunications infrastructure operators selects Smart Off-Grid Power Systems to power an initial 400 towers in Africa. November 17, 2020, TORONTO, ON —  Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces that a major innovative telecom infrastructure operator selected Clear Blue to power 400 telecommunications sites in rural Africa. The initial order of Smart Off-Grid Power Systems is worth approximately $5 million CAD in revenue to Clear Blue during Q4 2020 and Q1 2021, with gross margins in line with what the Company has historically reported.

TORONTO, November 11, 2020 – Clear Blue Technologies International Inc. (‘Clear Blue’ or the ‘Company’) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today announced that it will report financial results for its third quarter of fiscal 2020 on Wednesday, November 18, 2020, before the market opens. Clear Blue will host a conference call that same day, at 1:30 p.m. Eastern Time, to review the Company’s performance and answer questions. Those interested can register at: https://zoom.us/webinar/register/WN_40QuWVqfRsetC6-8HHTLKQ