StormFisher Hydrogen Secures $30 Million from ARC Financial to Develop e-Fuel Production Facilities
Retrieved on:
Monday, March 4, 2024
TORONTO and HOUSTON, March 4, 2024 /PRNewswire/ - StormFisher Hydrogen, a low carbon fuel facility development company, has secured a $30 million investment from ARC Financial Corp.
Key Points:
- TORONTO and HOUSTON, March 4, 2024 /PRNewswire/ - StormFisher Hydrogen, a low carbon fuel facility development company, has secured a $30 million investment from ARC Financial Corp.
- The capital infusion from ARC Financial accelerates StormFisher Hydrogen's developments that will produce electrolysis-based fuels including clean hydrogen, e-methane, e-methanol, and green ammonia.
- "StormFisher represents our first investment from ARC Energy Fund 10 which is focused on the energy transition, highlighting our commitment to StormFisher Hydrogen," added Brian Boulanger, CEO at ARC Financial.
- The $30 million investment will provide capital to develop StormFisher Hydrogen's pipeline of facilities projects across the United States and Canada.