HomeNewsCharbone Hydrogen concludes Construction Agreement with Construction Sorel to kick-start the Construction of its Phase I Green Hydrogen Facility in Quebec

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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 s

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