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  • Writer's pictureDonald V. Watkins

Masada Signs Contract with Global Financial Services Firm for Clean Fuels Project in South Africa

By: Donald V. Watkins

Copyrighted and Published on January 22, 2024


On October 12, 2022, I published an article titled, “Masada: The Demand for Clean Fuel Conquers All.” A lot of positive things have happened in the global marketplace since this article was published.


Since 1998, I have owned a company named Watkins-Pencor, LLC. It is the designated “Manager” of the Masada Resource Group, LLC, family of companies. Masada is an international waste-to-fuel technology company.


Between 2007 and 2017, Masada established 19 international partnerships to facilitate the commercial deployment of waste-to-fuel market opportunities in over 40 locations around the world.


Watkins-Pencor also holds an ownership interest in various Masada affiliates worldwide.


On January 17, 2024, Masada executed an Engagement Letter with Synergy Consulting Infrastructure and Financial Advisory Services, Inc., to provide Masada financial advisory services for the company's planned $300 million USD waste-to-energy project in the Durbin/Mandeni Region of South Africa.


Synergy Consulting is an independent global company with offices in the USA, UAE, South Korea, Saudi Arabia, Japan, South Africa, and UK specializing in Infrastructure Advisory and Project Finance. All Advisory Services for a wide range of Infrastructure projects to private and public sector clients for capital intensive Greenfield and Brownfield projects.


On August 22, 2023, Masada executed a Project Management Services Agreement with TWD Technologies Ltd., headquartered in Burlington, Ontario (Canada), to provide end-to-end project management services for this waste-to-energy project.


With soaring fuel costs, Masada offers common sense solutions to the production of clean-burning fuels at affordable prices per gallon or liter.


Additionally, Masada’s 2007 “Sponsored Research Agreement” with Auburn University broadened the company’s portfolio of energy creating solutions and gave Masada a sustained competitive advantage, worldwide.


Masada and Watkins-Pencor enjoyed a reputation for excellence in the field of clean energy and international business. In 2015, Masada was the recipient of the Alabama Governor’s Trade Excellence Award. The company's achievements in business and accomplishments in the clean energy sector have been recognized by global biofuels organizations and trade publications.


Masada is moving forward with projects that produce clean burning fuels around the world. The demand for commercial-scale clean fuel production technologies is surging in a host of developed countries.


The timing is right for Masada's smart, clean energy solutions in signatory countries to the 2016 Paris Agreement. South Africa is one of these progressive countries.

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