HTEC | H2 Gateway

Overview

Status

Announced

Region

North America

Geography

Canada

State

British Columbia

Equity Owner

HTEC

Proponent

HTEC

Output

Green hydrogen

Type of electricty

Capacity

Financing

Canada Infrastructure Bank CAD 337m

Technology

Technical Advisors

Advisors

Project Contact

Lawyers

Project Cost

CAD 900m

Offtaker

Commercial Operations Date

Decommission Date

FID

Description

The Canada Infrastructure Bank is providing HTEC with a CAD 337m that will contribute to the implementation of HTEC’s H2 Gateway. The loan was announced in May 2024.

HTEC plans to build and operate an interprovincial network of up to 20 hydrogen refueling stations. The refueling stations will be supported by three new hydrogen production facilities located in Burnaby, Nanaimo and Prince George, and a facility that liquefies 15 tonnes per day of vented by-product hydrogen in North Vancouver.

H2 Gateway is estimated at CAD 900m.

The partnership represents the third investment through the CIB’s Charging and Hydrogen Refueling Infrastructure (CHRI) initiative.

May 24, 2024

CIB invests $337m in hydrogen production and refueling network in Western Canada

The Canada Infrastructure Bank (CIB) and HTEC, a Vancouver-based designer, builder, owner and operator of hydrogen supply solutions, are partnering to accelerate the deployment of hydrogen production and refueling infrastructure. The CIB's $337m loan will...