ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO s proposed Clean Energy Innovation Park (CEIP) is getting an AUS$28.7 million injection in funding from the Australian Renewable Energy Agency (ARENA) to help kickstart the production of hydrogen on a large scale, providing clean fuel for the country s natural gas networks.
ATCO Secures $28.7 Million, Takes Next Step Toward Building Australia s First Commercial Hydrogen Plant (CNW Group/ATCO Ltd.)
ATCO and its joint-venture partner, Australian Gas Infrastructure Group (AGIG), are one of three projects to receive ARENA funding as part of its Renewable Hydrogen Deployment Funding Round. ARENA received 36 expressions of interest from across Australia, three of which obtained funding.