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HTEC Hydrogen Production and Refuelling Infrastructure

Sector(s)
Green Infrastructure
Location(s)
British Columbia and Alberta
Participation
$337 million (financial close)
Partner(s)
HTEC

Accelerating hydrogen production and refuelling infrastructure in Western Canada.

Partnership will support the emerging hydrogen infrastructure ecosystem and advance greener transportation solutions.

Fast facts

Promotes the adoption and deployment of fuel cell vehicles and low carbon transportation solutions
Up to 20 hydrogen refuelling stations to be built in British Columbia and Alberta
Estimated to generate more than 280 full-time jobs over the construction and operations phases

We are investing $337 million in hydrogen production and refuelling infrastructure to accelerate the deployment of fuel cell vehicle technology, and advance greener transportation solutions.

The CIB’s loan will enable HTEC, a leader in hydrogen technology, to expand operations in British Columbia and Alberta. A new a new liquefaction facility, three new hydrogen production facilities, and up to 20 new hydrogen refuelling stations will be built to support Canada’s emerging hydrogen market.

Benefits of CIB involvement

This investment represents the CIB’s third deal under the Charging and Hydrogen Refuelling Infrastructure (CHRI) Initiative, which is focused on accelerating the private sector’s rollout of large-scale zero-emissions vehicle (ZEV) chargers and hydrogen refuelling stations to help spur the market for private investment.

This partnership will help accelerate the deployment of Canada’s low carbon fuel capacity and reduce greenhouse gas emissions in the transportation sector by approximately 133,000 tonnes annually.

Learn more

Rendering of HTEC liquefaction facility
Evening view. Rendering of HTEC liquefaction facility
Rendering of HTEC liquefaction facility
Rendering of HTEC liquefaction facility
Government of Canada

Unlocking the potential of clean hydrogen is an essential step in decarbonizing and growing a prosperous, clean economy in Canada. It is also essential for Canada, as a country with over 100 years of experience in hydrogen innovation and proven global leadership in the energy space, to assist our democratic allies as they decarbonize and enhance their energy security. As outlined in our Hydrogen Progress Update, remarkable advancements have been made to the hydrogen landscape in Canada since the release of our Hydrogen Strategy in 2020. Today’s CIB announcement is a further testament to this federal government’s support for sustainable energy innovation in the race to net zero.

The Hon. Jonathan Wilkinson, Minister of Energy and Natural Resources
Government of British Columbia

The CIB’s Charging and Hydrogen Refuelling Infrastructure initiative focuses on transitioning Canada towards a sustainable fuel infrastructure ecosystem. HTEC, based right here in British Columbia, is developing innovative methods to reduce greenhouse gas emissions in the heavy-duty transportation sector. This investment will support Canada in reaching its net-zero emissions target by 2050, generate jobs in Burnaby and across western Canada, and enhance how Canadians travel.

The Hon. Terry Beech, Minister of Citizens’ Services and Member of Parliament for Burnaby North-Seymour
Government of British Columbia

Producing clean fuels like hydrogen right here in B.C. to replace diesel use for transportation helps to reduce harmful pollution, while creating new jobs and opportunities in the clean economy. By supporting innovative projects like H2 Gateway, we can ensure that BC remains a world-leader and attracts new investment in the growing clean economy.

Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation
HTEC

The H2 Gateway vision for HTEC is now being realized. With the CIB’s strategic investment, we are poised to establish highly sustainable hydrogen ecosystems that will drive the adoption of zero-emission transportation and support larger regional hydrogen hubs. An investment of this magnitude signals confidence in HTEC and the network of dedicated partners delivering safe, low-carbon energy solutions, putting Canada on the map.

Colin Armstrong, President and Chief Executive Officer