Cielo Waste Solutions Overhauls Board to Accelerate Clean Fuels Strategy
Event summary
- Harry Andersen appointed Chair of Cielo's Board effective September 15, 2026, replacing Sheila Leggett who transitions to Governance Committee Chair.
- Larry Schafran resigns from Board but remains as advisor.
- New Board composition emphasizes project development, finance, and Indigenous partnerships.
- Executive team expanded with CFO, COO, and Chief Development Officer additions.
- Cielo focuses on waste-to-fuels projects, anchored by Project Nahoonai in British Columbia.
The big picture
Cielo's board overhaul reflects a strategic pivot toward large-scale clean fuels project development, aligning with growing demand for sustainable aviation fuel and carbon management solutions. The appointment of Harry Andersen, with his extensive midstream energy and project development background, signals Cielo's intent to accelerate its pipeline of waste-to-fuels projects. The move comes as the clean energy sector faces increasing pressure to demonstrate tangible progress in reducing carbon emissions.
What we're watching
- Execution Risk
- Whether Cielo's newly structured leadership can deliver on its clean fuels project pipeline, particularly Project Nahoonai.
- Indigenous Partnerships
- How effectively the Board leverages Harry Andersen's experience in Indigenous partnerships to advance Cielo's projects.
- Capital Markets
- The pace at which Cielo can secure financing for its large-scale, capital-intensive projects under the new leadership.