(TheNewswire)
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CleanGo Innovations Launches Kubera Black Energy Inc., a Dedicated Subsidiary to Serve the Global Oil Industry with Alternative Solutions
Vancouver, B.C. – February 26, 2025 – TheNewswire - CleanGo Innovations Inc. (CSE:CGII) (OTC:CLGO.F) (FRA:APO2) ("CleanGo" or the "Company"), a global leader in green technology solutions, today announced the formation of Kubera Black Energy Inc. ("Kubera Black Energy"), a wholly-owned subsidiary strategically created to address the oil and gas industry worldwide. This strategic move allows CleanGo to sharpen its focus on both its core cleaning business and the specialized demands of the energy sector, paving the way for accelerated growth and market leadership in both divisions.
Kubera Black Energy will leverage CleanGo's proven industrial cleaning technologies, including the highly effective CG-100 product, to offer comprehensive and environmentally responsible business services to the oil and gas industry. These services will encompass a range of critical applications including well optimization, tank cleaning, well cleaning, degreasing, and other specialized cleaning solutions designed to optimize operational efficiency and minimize environmental impact. The CG-100's unique properties make it ideal for the demanding conditions of oil and gas operations, offering superior performance while adhering to stringent environmental standards.
“With over two decades of experience funding and building high-growth companies, I understand the unique challenges and opportunities within the energy sector,” stated Anthony Sarvucci, Founder and CEO of CleanGo Innovations. “Kubera Black Energy is not simply a new company; it's a strategic response to a critical market need. We are assembling a team of seasoned executives with deep industry expertise to provide comprehensive support and drive growth. By concentrating resources and leveraging our established network, Kubera Black is poised to capitalize on untapped market opportunities, particularly in areas often underserved by traditional financing and private equity. Furthermore, we believe a potential spin-off of Kubera Black Energy to the public markets, with CleanGo retaining majority ownership, will maximize shareholder value by allowing investors direct participation in the growth of this specialized energy services company.”
The formation of Kubera Black Energy underscores CleanGo's commitment to sustainable practices within the energy sector. The subsidiary will not only deliver high-performance cleaning solutions but also prioritize environmentally responsible operations, aligning with the industry's increasing focus on sustainability. Kubera Black Energy will focus on identifying and securing key partnerships and contracts within the global oil and gas market, showcasing the efficacy and environmental benefits of the CG-100 product and other CleanGo technologies.
About Kubera Black Energy Inc.
Kubera Black Energy Inc. is a specialized business service company dedicated to providing innovative and environmentally responsible cleaning solutions to the global oil and gas industry. Leveraging cutting-edge technologies like CleanGo’s CG-100, the company offers a comprehensive suite of services, including tank cleaning, well cleaning, degreasing, and other specialized cleaning solutions designed to optimize efficiency and minimize environmental impact. For more information, visit www.kuberablackenergy.com
About CleanGo Innovations Inc.
CleanGo Innovations Inc. is a publicly traded company focused on developing and commercializing green technology solutions for a variety of industries. The Company’s innovative products are designed to be both highly effective and environmentally responsible, addressing the growing demand for sustainable solutions across multiple sectors. For more information, visit www.cleangoinnovations.com
About CleanGo Innovations
CleanGo Innovations Inc. is an international, publicly traded company that specializes in the development of early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.
The company is proud of its suite of proprietary, Green Seal Certified non-toxic green products that are Health Canada approved to claim 99.9% disinfecting of viruses and bacteria on a hard surface. CleanGo’s portfolio is proud to be a part of Cruelty Free / Leaping Bunny as a certified product while being both family and pet safe. It is CleanGo’s mission to create the world’s leading non-toxic, green solutions for the worlds cleaning problems.
CleanGo Innovation’s experienced team brings new ideas and innovation based on science to find solutions to the problems of current world we live in. Customers rely on quality, nontoxic products to keep their homes clean and their loved ones safe.
On behalf of the CEO & Board of Directors
Anthony Sarvucci
Chief Executive Officer
CleanGo Innovations Inc.
For More information Contact:
Phone 1 346 202 6202
Forward-looking Information
This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. Forward-looking statements can often be identified by words such as “will”, “plans”, “expects”, “may”, “intends”, “anticipates”, “believes”, proposes” or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Actual results could differ from those projected in any forward-looking statements due to numerous factors, including risks and uncertainties relating to general economic, market or business conditions or changes in laws, regulations and policies affecting the Company’s operations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. Any forward-looking statements included in this news release are made as of the date hereof and the Company does not intend to update or revise any forward-looking statements, except as expressly required by law.
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