favorable regulatory conditions, access to renewable resources and proximity to export markets make Canada a strategic node for the production and distribution of renewable fuels.
Global firm Quinbrook Infrastructure Partners announces the acquisition of a strategic stake in Elemental Clean Fuels(ECF), a Canadian developer of renewable fuels projects, to further expand into the North American market.
Quinbrook’s expansion in the Canadian market
Based in British Columbia, ECF has quickly positioned itself as one of the most promising platforms in the country’s clean fuels sector. With a focus that encompasses technologies such as clean hydrogen, renewable natural gas and renewable natural gas and low-carbon methanol. The company is developing projects in British Columbia and Alberta with a projected capacity of more than 500 tons per day of production, which is equivalent to replacing more than 140,000 gasoline-powered vehicles.
The investment made by Quinbrook involves capital, and strategic support to accelerate the development of critical assets in the energy transition. Both Piney Point Capital and the founding team of ECF will retain minority stakes, ensuring continuity and local knowledge. This financial and operational backing allows ECF to scale its projects as it responds to the large industrial demand for sustainable energy technologies.
On the other hand, ECF’s operating model is active collaboration with First Nations. This team had led the development of Cedar LNG, the first majority indigenous LNG project in the world. Now, with Quinbrook’s support, it seeks to replicate this model in other clean energy initiatives, combining social inclusion and commercial viability.
Source and photo: Quinbrook
