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Accelerating hydrogen production and refuelling infrastructure in Western Canada.
Partnership will support the emerging hydrogen infrastructure ecosystem and advance greener transportation solutions.
Fast facts
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 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 the CIB’s 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 emissions in the transportation sector by approximately 133,000 tonnes annually.
Learn more
Disclaimer: The Canada Infrastructure Bank (CIB) in its sole and absolute discretion may choose to make available amendments, revisions, modifications, or replacements to this website. This page will remain open for further revision, modification, replacement or cancellation by the CIB at any time and in no event shall the CIB be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content of this website. Images courtesy of HTEC.
