Blue Sphere

Company Overview

Snapshot

Founded in January 2007, Blue Sphere operates with 1–10 employees. The company was delisted from the OTC stock exchange in December 2021.

Business overview

Blue Sphere, operating as Eastern Sphere, is an independent power producer specializing in converting municipal and industrial waste into electricity, natural gas, compost, and other by-products. The company develops waste-to-energy facilities and sells the resulting by-products. Its core technology focuses on transforming organic waste into sustainable clean energy, aiming to reduce greenhouse gas emissions and the reliance on landfills. Blue Sphere partners with investors and institutions to fund project-level developments, primarily utilizing a build-own-operate model with long-term energy agreements with national governments or electricity companies. The company operates within the Energy Tech sector, serving municipalities and industrial manufacturing.

Strategic signal

In December 2021, Blue Sphere was delisted from the OTC stock exchange, indicating a significant operational shift and cessation of its public market presence. This event signals a fundamental change in the company's status and future trajectory, suggesting a transition away from active operations.

Company Intelligence Q&A

What is Blue Sphere's primary business model?

Blue Sphere primarily uses a build-own-operate business model, executing long-term energy agreements with national governments or electricity companies before project development.

When did Blue Sphere cease operations?

Blue Sphere ceased to operate in December 2021, at which point it was also delisted from the OTC stock exchange.

What was a key project development for Blue Sphere in the Netherlands?

In July 2019, Blue Sphere announced the commencement of its Holland Project, an anaerobic digestion plant, with financing successfully closed.

What type of contract did Blue Sphere sign in September 2017?

In September 2017, Blue Sphere signed a $66 million 'green gas' contract.

When did Blue Sphere become a publicly traded company?

Blue Sphere completed its Initial Public Offering (IPO) in March 2010, listing on the OTC stock exchange under the ticker BLSP.