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Green Impact Bond


Clean-Seas has issued a Green Impact Bond for qualified

investors. See below for more information.

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About Clean-Seas

Clean-Seas is a pioneer in the field of plastic circularity, dedicated to confronting the global plastic waste crisis. 

Clean-Seas is leveraging innovative technology to respond to the challenge of dealing with the global waste plastic problem reliably and responsibly. The Company uses post-use plastic (PUP) as feedstock for pyrolysis, a process that yields usable products without producing harmful greenhouse gases (GHG).


The Company aims to divert PUP from landfills, incinerators, and oceans, and convert it into usable environmentally friendly products, including oils that drive the circular economy and clean hydrogen. 

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Message from the CEO

I would like to take this opportunity to introduce you to Clean-Seas, our wholly owned subsidiary of the Clean Vision Corporation.

Clean-Seas (the Company) was founded to tackle the global problem of waste plastic pollution. It is our belief that in order to clean up the world’s oceans we must first address this global crisis on land.

Our mission is to DIVERT waste plastic from landfills, incineration or ocean-bound and CONVERT this valuable feedstock into environmentally friendly products, including to oils that drive the circular plastic economy and green hydrogen.

To accomplish this goal, Clean-Seas has created a technology called the Plastic Conversion Network (PCN). The PCN is a direct result of China’s “National Sword” policy of 2018, which closed its borders to the developed nations of the world that had historically shipped their recyclable material to China.

This policy created a global crisis: how should countries responsibly deal with plastic waste? The PCN addresses this problem by establishing conversion facilities as close to the source of the feedstock as possible, reducing cost, lowering carbon footprint, and simplifying logistics in order to responsibly convert this waste stream into valuable commodities.

Clean-Seas uses proven technology called pyrolysis to produce its environmentally friendly products. These products are then sold to multi-national petrochemical companies driving the circular plastic economy, reducing the need for virgin fossil fuel.

Clean-Seas has a proven business model with operational PCN facilities in Morocco and India. We have contracts to develop PCNm facilities in West Virginia, Arizona, and are in discussion in Georgia, Eastern Europe. We have long term feedstock supply agreements for greater than 1,000,000 metric tons of waste plastic annually to be delivered to PCN facilities at no cost, with off-take agreements in negotiation.


The following pages will define our projects, technology and investment opportunity, and I welcome you to join us on our path as we create a cleaner environment today and in the years to come.

Thank you,

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Dan Bates, Founder and CEO


The Company has issued its Green Impact Bond to fund operations and expand the facilities within its global Plastic Conversion Network (PCN). 


Despite being a recent entrant in the clean energy and waste-to-value industries, Clean Vision’s subsidiary Clean-Seas received a Second Party Opinion (SPO) in January 2024 from International Shareholder Services (ISS), recognizing it as an investment opportunity that aligns with Environmental, Social, and Governance (ESG) principles. Additionally, the Company's operations advance five of the UN's Sustainable Development Goals. 

In 2023, Clean-Seas engaged Grant Thornton International, a renowned global advisory firm, for the issuance of up to $340 million in the form of notes (the "green bonds"). The green bonds will be issued as bearer bonds under German law and in accordance with the EU-Green Bond Standard in connection with the action plan of the European Commission on financing sustainable growth and as contemplated by the Technical Expert Group on Sustainable Finance (TEG) and proposed to the European Commission in its Interim Report on a "Proposal for an EU Green Bond Standard." In January 2024, the Company received a Second Party Opinion from International Shareholder Services validating that the green bond offering meets the ESG standards to qualify as a green investment.


Use of Proceeds

The Company will use the proceeds of the bonds to identify plastic waste stream challenges with community stakeholders from government, business, and non-governmental organizations, and then design, fund, and implement innovative technology solutions. The strategy is to focus on waste-to-energy projects in locations with a close proximity to plastic waste and with municipalities focused on generating clean energy projects. Based on this strategy, the Company is currently focused on waste-to-energy projects in the USA (West Virginia and Arizona), Morocco, and Georgia. 


With the net proceeds of the green bond, the Company expects to accelerate and expand its PCN by deploying plastic conversion facilities across multiple regions, worldwide.

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Green Bond Terms

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Bond Investment Flow

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