CALGARY, AB, April 13, 2023 /CNW/ - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) announces initial unit commissioning at its Renewable Diesel (HDRD) Complex and its financing solution to support the completion and start-up of the HDRD facility.  Following the previously announced capital cost increase, the Corporation has significantly enhanced its funding capacity.  Tidewater Renewables is in discussion with its lenders to seek consents for increases to its lending facilities.  It has also received additional government support, in the form of an issuance of credits that will result in cash proceeds of $43 million.