CHARBONE HYDROGEN concludes Construction Agreement with CONSTRUCTION SOREL to kick-start the Construction of its Phase I Green Hydrogen Facility in Quebec
2/21/2023
Charbone announced that it has concluded the final negotiations and executed a special construction agreement based on a hybrid model between a “Cost-Plus Contract” and an “Integrated Project Delivery” agreement , between its wholly owned subsidiary, Charbone Hydrogène Québec Inc., and Construction Sorel Ltée. Securing this Agreement was the final item included in Charbone QC’s construction budget for a fast-track components integration, pre-construction activities, and site construction of its first green hydrogen Phase I facility in Sorel-Tracy, Quebec. The parties decided on a hybrid construction model for the Agreement to ensure that the teams will prioritize collaboration and promote a