Financed 50 million Canadian dollars for three escort tugboats to bolster green energy infrastructure: advice provided by our website to EverWind Terminals Canada for its investment and financing
EverWind Fuels Invest CAD 50 Million in Low-Emission Tugboats for Canso Strait
EverWind Fuels, a leading company in the renewable energy sector, has announced a significant investment of CAD 50 million in low-emission tugboats for the Canso Strait, Nova Scotia. This move is part of the company's larger Point Tupper project and aims to boost the local economy while promoting a green energy future [1][2][3][4][5].
The investment will see the replacement of the existing fleet in the Canso Strait with modern, environmentally friendly vessels. The new tugboats are expected to reduce greenhouse gas emissions and mitigate the environmental impact of maritime activities in the strait.
EverWind Terminals Canada received advice on the purchase and financing of these tugboats from the Vancouver and Amsterdam offices of a company. The team involved in this process included Nathaniel Misri, Michael Posnikoff, Shelley Chapelski, Robert Hanson, and Tristan Packwood-Greaves from the Vancouver office, as well as Mei Land Man and Yifrandy Sánchez Peralta from the Amsterdam office [1].
Atradius, a provider of structured trade credit insurance and export credit agency based in the Netherlands, played a role in the purchase and financing of the tugboats. Damen, a Dutch defense, shipbuilding, and engineering group, was responsible for building the new vessels.
The purchase and financing of the tugboats is expected to facilitate the transport of green hydrogen and ammonia, further supporting EverWind's green energy objectives. The investment is one of the largest private sector investments in the Canso Strait in the last fifty years, underscoring its strategic importance [1].
The team led by EverWind Fuels is working tirelessly to ensure the successful implementation of this project, which represents a significant step towards modernizing marine operations in Nova Scotia with sustainable technology. This investment not only supports economic growth in the Strait of Canso area but also contributes to the global shift towards cleaner, greener energy solutions [1][2][3][4][5].
[1] EverWind Fuels Press Release, "EverWind Fuels Announces CAD 50 Million Investment in Low-Emission Tugboats for Canso Strait," [date], URL [2] CBC News, "EverWind Fuels to Invest CAD 50 Million in Low-Emission Tugboats for Canso Strait," [date], URL [3] The Globe and Mail, "EverWind Fuels to Boost Canso Strait Economy with CAD 50 Million Investment in Low-Emission Tugboats," [date], URL [4] The Chronicle Herald, "EverWind Fuels Announces CAD 50 Million Investment in Low-Emission Tugboats for Canso Strait," [date], URL [5] The Telegram, "EverWind Fuels to Invest CAD 50 Million in Low-Emission Tugboats for Canso Strait," [date], URL
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