In Canada, Canada’s Minister of Housing, Infrastructure and Communities, Sean Fraser, announced federal government support for the green energy hub that EverWind Fuels is developing in Nova Scotia.
EverWind and Export Development Canada have reached an agreement in principle on terms for a $91.3 million debt facility to support the project, pending final due diligence. This loan will support clean power generation and clean hydrogen production that will be able to be exported to markets in Germany and around the world, as well as for domestic consumption.
EverWind’s multi-phase project is expected to generate over 3,300 permanent jobs, and thousands of temporary jobs.
“This investment will help build out the infrastructure that sets the economic foundation of our region for decades to come. Projects like EverWind will help put Atlantic Canada on the global stage as not only an incredible place to invest, but as a leader on clean, renewable energy,” Fraser said.
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