Published 2 months ago

Proposed wind project in western Newfoundland gets $128M federal development loan

Export Development Canada and World Energy GH2 have agreed on a $128 million credit facility for a green hydrogen project in Atlantic Canada.
The project aims to produce about 250,000 tonnes of hydrogen annually from new wind farms, working towards Canada's goal of clean hydrogen production.
Despite challenges, the loan is a significant milestone for green hydrogen in Canada, signaling the country's involvement in the global green hydrogen market.

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CTV News

Newfoundland hydrogen project gets $128M loan in 'signature moment' for Canadian renewable electricity

The federal export credit agency has agreed to lend millions of dollars to a second green hydrogen project in Atlantic Canada. Export Development Canada and World Energy GH2 say they have reached an agreement for a $128-million credit facility, a business loan similar to a line of credit.

2 months ago·Canada

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CBC News

Proposed wind project in western Newfoundland gets $128M federal development loan

World Energy GH2 has secured a loan to get its wind-to-hydrogen megaproject off the ground on Newfoundland's west coast.

2 months ago·Canada

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The Toronto Star

Export Development Canada lends Newfoundland hydrogen project $128M

OTTAWA - The federal export credit agency has agreed to lend millions of dollars to a second green hydrogen project in Atlantic Canada.

2 months ago·Toronto, Canada

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The Globe & Mail

‘Green’ hydrogen project in Newfoundland to get $128-million federal loan

Ottawa to lend $128-million to build second green hydrogen facility in Newfoundland

2 months ago·Canada

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City News

Export Development Canada lends Newfoundland hydrogen project $128M

OTTAWA — The federal export credit agency has agreed to lend millions of dollars to a second green hydrogen project in Atlantic Canada. Export Development Canada and World Energy GH2 say they have reached an agreement for a $128-million credit facility, a business loan similar to a line of credit. The loan comes about two […]

2 months ago·Toronto, Canada

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