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charbone-signs-50m-term-sheet-to-fund-construction-of-green-hydrogen-projects
Green hydrogen plant in Canada © Charbone Hydrogen
charbone-signs-50m-term-sheet-to-fund-construction-of-green-hydrogen-projects
Green hydrogen plant in Canada © Charbone Hydrogen

Charbone signs $50m term sheet to fund construction of green hydrogen projects

Charbone Hydrogen Corporation has signed a non-binding term sheet for up to $50m in construction capital financing with a renewable energy infrastructure fund manager.

The facility will run for six months and is intended to help fund the build-out of Charbone’s green hydrogen production projects.

In an online statement, Charbone positioned the $50m as a major step in supporting its deployment strategy, which focuses on modular green hydrogen production facilities across North America.

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