Business
CHARBONE Hydrogen Executed a USD 50MM Financing to Accelerate its Hydrogen's North American Expansion Facilitated by US Capital Global
(TheNewswire) Global private financial group headquartered in San Francisco advises on cons...
About this update from Charbone Hydrogen Corporation
[{"type":"text","content":"CHARBONE Hydrogen Executed a USD 50MM Financing to Accelerate its Hydrogen's North American Expansion Facilitated by US Capital Global\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Global private financial group\nheadquartered in San Francisco advises on construction facility to\nsupport CHARBONE’s expansion of modular green hydrogen facilities in\nNorth America.\n \n\n\n\n Brossard, Quebec –\n \n\n TheNewswire -\n \n\n June 4, 2025\n \n\n –\n \n\n\n\n CHARBONE HYDROGEN\nCORPORATION\n \n\n\n\n (TSXV: CH; OTCQB: CHHYF;\nFSE: K47) (the “Company” or “CHARBONE”), rare publicly traded\npure-play company focused on the production and distribution of green\nhydrogen in North America,\n \n\n\n\n is pleased to announce more details on the signing, announced\npreviously on May 1st 2025, of a project finance facility of up to USD\n50 million being provided by a private fund managed by True Green\nCapital Management LLC (“TGC”).\n \n\n US Capital\nGlobal Securities LLC, the SEC-registered broker-dealer division of\nglobal private financial group US Capital\n \n\n Global\nhas acted as lead advisor and facilitator.\n \n\n\n\n Headquartered in Montreal, CHARBONE is developing\nmodular production facilities targeting 99.999% purity (Grade 5.0 and\nhigher) hydrogen, with all output pre-sold through tier-one offtake\nagreements.\n \n\n\n\n “\n \n\n We’re\nproud to have served as lead advisor to both CHARBONE and TGC on this\ntransaction\n \n\n ,”\n \n\n said Charles Towle, CEO of US Capital\nGlobal Securities.\n \n\n “\n \n\n CHARBONE is gaining strong momentum as\ndemand grows for clean hydrogen solutions to decarbonize industrial\nusers through their key sites in development across North America. We\nlook forward to supporting the company’s continued growth. The\ntransaction was led by Lisa Terk, Senior Vice President and a top\nCleanTech and Renewables banker at our global\nheadquarters.\n \n\n ”\n \n\n\n\n “\n \n\n This\nfinancing marks an important milestone in executing our long-term\ngrowth strategy\n \n\n ,”\n \n\n said Benoit Veilleux, CFO of\nCHARBONE.\n \n\n “\n \n\n We are grateful to US Capital Global for\ntheir consistent support and expertise throughout this process...