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Federal bank lends $75M to B.C. Ferries for electrification

While existing Island-class ferries are equipped to run on both diesel fuel and electricity, the new ferries will be fully electric. ....

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CIB to lend BC Ferries $75 million to launch its vessel electrification program with the purchase of four ferries

CIB to lend BC Ferries $75 million to launch its vessel electrification program with the purchase of four ferries
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BC Ferries borrows money from infrastructure bank for electrification

BC Ferries borrows money from infrastructure bank for electrification
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CIB to lend BC Ferries $75M to launch electrification efforts and purchase new ferries

The Island class vessels, which will be used on small volume and shorter routes, are part of the company's ongoing efforts to replace its existing Island class fleet with quieter and more environmentally friendly ferries. ....

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