IET has represented that multiple sources are interested in financing the equipment it plans to install at the company’s initial site near Ensenada, Mexico.

Scorpex CEO Joseph Caywood said IET has continued to be a very strong partner in satisfying our debt equipment financing needs.

"Increasing the size of our initial equipment contract allows Scorpex the ability to start stronger with more sources of waste supplies," Caywood said.

Scorpex is a provider of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region.