Torrent Capital Ltd (TSE:TORR) has released an update.
Torrent Capital Ltd. celebrates a significant stride in green energy collaboration between Canada and Germany, marked by the signing of a Letter of Intent and a memorandum of understanding favoring the export of Canadian green hydrogen to Germany. Torrent Capital’s joint venture, Argentia Capital Inc., is poised to invest in a 300-MW wind-powered green hydrogen and ammonia production project at the Port of Argentia, with the potential for earning royalty revenues and holding up to a 12.5% equity interest. This initiative underscores the company’s commitment to fostering innovative, sustainable energy projects with long-term economic benefits.
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