Charbone Hydrogen announces execution of lease with City of Selkirk for green hydrogen production

BROSSARD — Charbone Hydrogen Corporation announces the execution, as of November 7, 2022, of a lease between its wholly-owned subsidiary, Charbone Hydrogen Manitoba Inc., and the City of Selkirk, Manitoba pursuant to which Charbone Manitoba is leasing from the City of Selkirk a land parcel of 4.6 acres located west of the City of Selkirk’s decommissioned wastewater treatment plant. Under the terms of the Lease, Charbone Manitoba will design, construct, and operate the first green hydrogen regional hub in Manitoba for the production and distribution facility for the supply of green hydrogen.

The term of the Lease is for three years commencing on November 1st, 2022, subject to the terms and conditions set forth in the Lease. Charbone Manitoba shall have the option to renew the Term for a renewal term of up to two subsequent years on the same terms and conditions that are set out in the Lease. The parties will negotiate either to extend the Lease and the size of the leased Premises at the same location or negotiate a relocation within the City of Selkirk’s industrial park.

Charbone has completed and filed the required Manitoba Environmental Act Proposal Form and will soon start the selection process for an environmental assessment engineering firm to prepare all of the required environmental assessment studies and reports to be submitted under the Manitoba Environmental Act.

Charbone is also the initiator and one of the founders of the Manitoba Green Hydrogen Roundtable that now welcomes over twenty local stakeholders interested in the decarbonisation of the Manitoba economy on diverse sectors such as industrial applications and processes, light, medium and heavy transportation as well as the future aviation sector.

“Selkirk is becoming recognized as a major contributor to Manitoba’s circular economy by working with and attracting green industry with the ability to support existing companies, attract new investment and provide employment opportunities as market demand for carbon-free energy alternatives continues to increase. Sustainable, intentional growth is at the core of what we do here and we’re looking forward to new partnerships, new investments, and a clean and green future.”