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.
The Japan-based fund will invest primarily in European and US startups.
The two hubs each received $22m in initial funding from the DOE.
Buckeye Partners has closed on the acquisition of Bear Head Energy.
The developer of a potentially massive network of green hydrogen production, transport and salt cavern storage — estimated to cost billions — is seeking banks to support a project debt raise.
A developer of planned microgrid communities will look for an electrolysis partner to provide green hydrogen for use in agricultural applications and is planning to go to market for platform equity and project debt.
