EverWind lands more than $240M in financing for N.S. wind and hydrogen projects

By Devin Stevens A wind energy company in Nova Scotia with the backing of local First Nations has secured $240 million in financing to construct onshore wind farms and an associated green hydrogen project that aims to be the first of its kind in Atlantic Canada. Trent Vichie, CEO of EverWind Fuels, said the financing from New York-based investment manager Nuveen Infrastructure Credit will be used to advance work on the first phase of wind turbines that will eventually power a hydrogen and ammonia plant in Richmond County, Cape Breton. Vichie says EverWind has not yet signed up a customer for the hydrogen, but Germany has shown interest in Canadian exports. “We’re excited because it’s an institutional investor, who’s extremely experienced in the space, investing in this Phase 1,” Vichie…

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