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Abraxas Power Corp and Exploits Valley Renewable Energy Corporation Sign Master Lease Option Agreement for Port of Botwood
Oct 10, 2024•over 1 year ago
Contract Type
agreement
Newfoundland and LabradorEnergyRenewable EnergyBiomass EnergyDescription
Abraxas Power Corp and its subsidiary Exploits Valley Renewable Energy Corporation have signed a Master Lease Option Agreement with Exploits Marine and Logistics Inc. and Exploits Valley Port Corporation for use of the Port of Botwood in EVREC’s green hydrogen and ammonia project in central Newfoundland, facilitating production and operations related to the transmission and loading of green ammonia onto marine transport vessels for shipment to global markets.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months