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EverWind Fuels reaches agreement for CAD 125m loan

Export Development Canada has reached an agreement in principle for a CAD $125m loan for a proposed green hydrogen facility in Nova Scotia.

EverWind and Export Development Canada have reached an agreement in principle on terms for a $125m debt facility to support the project, pending final due diligence, according to a news release.

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.

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