ESGFIRE Portfolio Update 1/8 2021 and NEW positions!

Best monthly performers
Newlox Gold Ventures Corp + 30 %
Cielo Waste Solutions + 27 %
Clear Blue Technologies + 21 %
Char Technologies +20 %

Worst monthly performers
Nuvve Holding Corp – -14 %
Vicinity Motor Corp- -14 %
Solarvest BioEnergy –12 %
Absolicon Solar Collector — 12 %

Current positions

Absolicon Solar Collector – Down 12 % the latest months despite good news of cooperation with Carlsberg.
Cielo Waste Solutions – Up 27 % the latest month.
Char technologies – Up 20 % the latest month after a spectacular green hydrogen deal with Hitachi.
Clear Blue Technologies – Up 21 % after their biggest deal ever recorded worth 10-15 MUSD.
Desert Control – No material change.
Earthrenew – Down 10 % despite management buying shares at 0.35 , financials coming soon.
Environmental Waste international- Down 12 % , continues to underperform in the ESGFIRE portfolio for no apparent reason.
Newlox Gold ventures Corp – Up 30 %, has had several good news and good momentum lately. ESGFIRE analysis coming soon.
Nuvve Holding Corp- Down 15 % despite no negative news, feels like this is being heavily traded by market makers.
Vicinity Motor Corp – Down 14 % despite only good news with material orders, the market is clearly sleeping on this one.
Lion E-mobility – Has taken a big hit lately most related to their accounting issues which has no effect on the bottom line.
Landi Renzo – No material change.
Solarvest BioEnergy – Down 12 % , very dissapointing stock price lately but our conviction remains firm.

New positions
Company: Biofrigas
Listing: Spotlight Stock market Sweden
Ticker: BIOF
ESG comment:
We exited our position in Biofrigas in early February this year (2021) when it became clear that there would be delays in the verification process for the company’s technology. The delays now seem to have been adressed and the verification is proceeding according to plan.
Biofrigas manufactures small scale biogas plants designed mainly for for farmers but there are also other areas of application. Biofrigas has BIG addressable market in the European Union and also globally. The company has signed many sales agreements with different distributors lately.
The company expects the first facility to become operational at their first customer during august or september this year (2021).
We have chosen to re-enter our position in the BIOFRIGAS TO 01 instrument which is a form of publicly traded warrant / option that gives the owner the right to purchase one stock for every owned option at a maximum price of 70 % of the weighted stock price between 17/3 – 20/ 3 2022 or a maximum price of 9.45 SEK. The subscription period runs between 31/3 – 14/4 2022. We think this instrument gives us the best leverage for our position as we expect BIG breakthroughs for the company to happen before the subscription period ends in april 2022. However if you wish to choose a lower risk for your investment the common stock is likely your preferred choice. This is a high risk investment since Biofrigas has no revenues to date however we believe this will change in the coming months with the first order and with a market cap of only 10 MUSD / 89 MSEK this is a HIGH risk HIGH reward case.

Sold positions:
There have been no exits in the ESGFIRE portfolio the latest month.

Legal Disclaimer

We own shares of these companies personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying us for content posted on this blog.


It’s been a while since we last gave an update on our ESG portfolio. Since our last update we have been active in our reallocation of funds. New additions have been made and old positions have left our portfolio. Moving forward we will aim to update our readers on our portfolio atleast once a month, more often than so if changes are made to the portfolio. We have decided to concentrate our portfolio as it was too diversified previously.

Below you will find a list of our updated portfolio . New additions will have the (NEW!) symbol next to it and will be marked in bold style. To simplify for our readers we have also made a short list of all the positions we’ve sold with a short explanation.

Current holdings:

Cielo Waste Solutions – Ticker: CMC / CWSFF
Environmental Waste International – Ticker: YEWTF / EWS
Clear Blue Technologies – Ticker_ CBLU / CBUTF
Vicinity Motors corp – Ticker: VMC, BUSXF
Nuvve Holding Corp – Ticker:_ NVVE
Landi Renzo – Ticker : LR
Lion E-Mobility – Ticker – LMIG

New positions:

Newlox Gold – (NEW!)
Ticker : LUX
Listings: CSE Canada

Newlox Gold has implemented a unique, environmentally friendly and socially responsible process to profitably produce gold. There will be a comprehensive analysis on this company within the next month. Newlox Gold has identified a lucrative yet neglected niche within the precious metals industry and has commissioned it’s first high-grade, low-cost gold producing plant in Latin America. Newlox focuses on the re-processing and remediation of artisanal tailings and toll milling of artisanally mined ore; a strategy which results in very high margin operations while delivering environmental and social benefits to local stakeholders. We will be doing a bigger analysis on this company in the coming months.

Char Technologies – (NEW!)
Tickers: YES , CTRNF
Listings: TSX venture and US OTC

Char Technologies is the leading cleantech and environmental services company when it comes to converting woody materials and organic waste into renewable gases (RNG), hydrogen and biocarbon.  Char technologies is converting challenging organic streams into greenhouse gas neutral biocoal, second generation Renewable Natural Gas”(RNG)” and hydrogen. You can find our extensive analysis of the company here .

Desert Control – Ticker DSRT ( NEW!)
Ticker: DSRT
Listings: Merkur Market Norway

Desert Control offers the solution that can revolutionise the war against desertification which is one of humanity’s greatest challenges since every year millions of people become climate refugees due to infertile lands. The patented product Liquid Nano Clay (LNC) from Desert Control can turn desert sand into fertile soil in less than 7 hours. A process which previously has taken between 7 and 12 years. This is a true game-changer. Desert Controls product offers a strong value proposition for customers with short payback times. Their LNC product reduces water consumption up to 50% and increases crop yields up to 62%. Payback times for customers on water consumption alone is expected between 1-2 years. Changing desert to the green land also reduces CO2 emissions by between 15 – 25 tons/hectare annually. We will be doing an extensive analysis on this company in the coming months.

Absolicon – (NEW!)
Ticker : ABSL
Listings: Spotlight Stock market Sweden

Absolicon is our only exposure to the solar and thermal heating industry. We’ve previously written an extensive analysis on the company which you can find here . The company has recently raised 6 million USD in funds for its rapid international expansion. Since our analysis the company has signed an additional two framework agreements and also started a massive collaboration with the billion dollar company ABB for international sales and support. The company also has ongoing customer discussions with 10 of the world’s 20 largest beverage producers. We believe its only a matter of time before the “ketchup effect” is visible in Absolicon’s sales pipeline.

Earthrenew – (NEW!)
Ticker: ERTH / VVIVF
Listings: CSE Canada and US OTC

Earthrenew is a very exciting addition to the ESGFIRE portfolio on which we will be doing an extensive analysis on in the coming months. Earthrenews patented thermal processing technology transforms livestock manure into a powerful, all-natural organic fertilizer that promotes plant growth and restores soil health.This means, in simple terms, that farmers which use Earthrenew products not only get higher yields by 20-40 % on their crops but it also enables for the soil to sequester(store) more carbon. Studies have also shown that farmers who use this fertilizer on average saves the climate for aproximately 1 tonne of carbondioxiode for each tonne used compared to chemial fertilizer. The best part of the equation is the product is priced at the same level as chemical fertilizer and with possible carbon credits the products is actually cheaper. No wonder the company is sold out completely for 2021! The company’s plan is to increase their output to 400 000 tonnes by 2024-25 equalling revenues of about 140 million CAD.

Solarvest Bioenergy – (NEW!)
Ticker: SVS
Listings: TSX venture

Solarvest Bioenergy is a new and extremely exciting nanocap position in the ESGFIREAT40 portfolio. The company has recently launched the world’s first organic made omega 3 from algae which is both patented and vegan friendly. If anyone has watched the stock price of the plant based baby foods company Else Nutrition which so far has soared a wooping 1000 % you are surely aware of the massive interest and demand for sustainable plant based products. You can find our initial analysis of Solarvest Bioenergy here.

Sold positions:

ESG Comment:
We took profits on this company since it’s been in our holdings since early 2018. After 800 % returns we decided the time had come to realize our profits.

ESG comment:
We left this position since we feel the company needs time to grow into its evaluation after the latest disapointing financial reports.

Thermal Energy international
ESG comment:
Temporary exit since we’ve found other better risk/reward positions at the moment.

Blue Bird Corp
ESG comment:
Exit due to better risk/reward in the EV sector with Vicinity Motors Corp.

Fusion Fuel and Hydrogenpro
ESG comment:
Temporary exit since there has been heavy selling pressure on the hydrogen sector. There is also a strong price pressure on hydrogen as a commodity therefore we are currently evaluating our exposure to the hydrogen market.

We hope you enjoyed our portfolio update and don’t forget to subscribe to always stay ahead of the herd as we always aim to give our subscribers a head start before we release our blog posts on our other social media channels!

Legal Disclaimer

We own shares of these companies personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.

Companies may or may not be paying us for content posted on this blog.