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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 Energy
Description
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.
Company Information
Company
Abraxas Power and Exploits Valley Renewable Energy Corporation
Location
Newfoundland and Labrador, Canada
About
Abraxas Power Corp is a leading energy transition developer, and its subsidiary Exploits Valley Renewable Energy Corporation (EVREC) is involved in green hydrogen and ammonia project in central Newfoundland.
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