GlobeNewswire by notified

EverWind selects Black & Veatch for Front-end Engineering Design of First Green Hydrogen Hub in Nova Scotia

Share

HALIFAX, Nova Scotia, Dec. 02, 2022 (GLOBE NEWSWIRE) -- EverWind Fuels Company ("EverWind") today announces it has selected Black & Veatch to provide front-end engineering design (FEED) services for its green hydrogen and ammonia production and storage facility in Point Tupper, Nova Scotia, with initial commercial operations planned for 2025. EverWind is a private developer of green hydrogen and ammonia production and storage sites, and global engineering and construction company Black & Veatch is a green energy solutions leader.

In its first phase, the facility will produce green hydrogen and green ammonia through electrolysis using certified green power from the Nova Scotia Power transmission system; onshore wind generation will power production in a second phase. In future phases, EverWind will use offshore wind power to produce hydrogen through electrolysis, unlocking Nova Scotia’s offshore wind capabilities. The first two phases will produce a combined 1 million tonnes per annum of green ammonia.

“EverWind is committed to delivering on our commitment to develop Nova Scotia into a global green energy hub,” said Trent Vichie, EverWind’s CEO. “Green hydrogen and ammonia will play key roles in the fight against climate change and the desire for improved energy security in Europe, and Black & Veatch lends incredible expertise and experience in green hydrogen, ammonia and project development. By working together with Black & Veatch and our partners in government, industry and Indigenous communities, we are sending a clear message to the world that we are in this fight together.”

“This ambitious project exemplifies how green hydrogen and ammonia are continuing their trajectories in tomorrow’s reimagined energy ecosystem as a rapidly decarbonizing world transitions to cleaner energy,” added Laszlo von Lazar, president of Black & Veatch’s energy and process industries business. “As a global leader in designing and building green energy projects around the globe, Black & Veatch remains committed to delivering projects that pave the way to a lower-carbon future.”

About EverWind’s Point Tupper Facility

As EverWind’s first green hydrogen and ammonia facility, the Point Tupper site is in Port Hawkesbury, Cape Breton Island, Nova Scotia, where it benefits from more than $600 million in world-class infrastructure, including an existing ice-free, deep-water port with two berths that can accommodate the largest vessels in the world. The production of green ammonia will be serviced by EverWind’s existing marine infrastructure. To support the development of the facility, EverWind has engaged a world-class group of leading financial advisors, equipment suppliers, public and community engagement firms, and engineering firms

Recognition of the Mi’kmaq and their Ancestral Territory

EverWind Fuels acknowledges the ancestral and unceded territory of the Mi’kmaq people, and it acknowledges them as the past, present and future caretakers of this land, Mi’kma’ki. Our work shares a core principle practiced by the Mi’kmaq: environmental stewardship. We are committed to working with Mi’kmaw through consultation, engagement and delivering a comprehensive partnership on all aspects of the project.

About EverWind Fuels LLC

EverWind is a private developer of green hydrogen and ammonia production, storage facilities, and associated transportation assets. EverWind is led by Trent Vichie, a co-founder of Stonepeak Infrastructure Partners. EverWind's executive team members previously have held CEO and C-suite positions at various infrastructure, private equity, renewable power, utility, terminal and marine logistics companies. The team's prior investment experience totals more than $45 billion in capital projects spanning more than 20 years. For more information, visit www.everwindfuels.com.

About Black & Veatch

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.

Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward-looking statements based on current assumptions and forecasts made by EverWind Fuels Company, including statements concerning projected operations and production at the facility and the benefits of the project. Various known and unknown risks, uncertainties, and other factors, such as general economic and regulatory conditions, could lead to material differences between the actual future results, financial situation, development or performance of EverWind or the project and those projected in the forward-looking statements contained in this release. EverWind does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments, except as may be required by law.

Media Contact Information

EverWind Fuels

Corporate Inquiries:
Lynn Hammond
VP Corporate Affairs
lynn.hammond@everwindfuels.com
709 330 1260

Media Inquiries
Kal Reid
Director, Public Relations
kreid@enterprisecanada.com
289 241 7936

Black & Veatch

Jim Suhr
913 458 6995
SuhrJ@BV.com
24-hour Media Contact: media@bv.com

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Zoom to Release Financial Results for the Fourth Quarter and Full Fiscal Year 20231.2.2023 22:05:00 CET | Press release

SAN JOSE, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it will release its financial results for the fourth quarter and full fiscal year 2023 on Monday, February 27, 2023, after the market closes. A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event. About Zoom Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and

CORRECTION: Boyden Appoints Distinguished Talent Solutions Leader Chad Hesters President & CEO1.2.2023 20:23:02 CET | Press release

Succession planning for Trina Gordon’s retirement, led by Chairman Craig Stevens, results in marquee hire Chad Hesters New York, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Correction: The original hyperline for "Chad Hesters" was incorrect. This has been rectified. Boyden, a premier leadership and talent advisory firm with more than 70 offices in over 45 countries, is delighted to announce the appointment of Chad Hesters as President & CEO, effective immediately. He takes the reins from Trina Gordon, who retires after 12 years as CEO, 3 years as Chair, and 30+ years as a Managing Partner in the firm. “I am honored to be appointed President & CEO of Boyden,” commented Chad Hesters. “I have long admired Trina Gordon for her leadership and her custodianship of one of the oldest, global heritage brands in our industry. Boyden has a unique, collaborative culture that puts clients at the heart of their business. This collegial community is distinctive and aligns well with my style of engagement in th

Nokia Corporation: Repurchase of own shares on 01.02.20231.2.2023 20:00:00 CET | Press release

Nokia Corporation Stock Exchange Release 1 February 2023 at 21:00 EET Nokia Corporation: Repurchase of own shares on 01.02.2023 Espoo, Finland – On 1 February 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL267,9884.36CEUX32,5604.36AQEU11,2214.35TQEX4,1314.36Total315,9004.36 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 5 April 2022 started on 2 January 202

HqO Releases 2023 ‘The State of Workplace Experience’ Report1.2.2023 19:18:11 CET | Press release

New research measures shifts in employee sentiment post-pandemic, emphasizing importance of social infrastructure in the workplace BOSTON, Feb. 01, 2023 (GLOBE NEWSWIRE) -- HqO, the world’s leading workplace experience platform, today announced the release of its annual “The State of Workplace Experience” report, a research-driven analysis of how the workplace and overall employee sentiment have evolved over the past year and what trends will emerge in 2023 as more workers are called back to the office. Featuring proprietary data from research firms Gartner and Leesman, an HqO company, the 2023 report details a shift in how employees perceive and use the workplace, from an environment where the full scope of their work gets done – focused and individual activities, as well as group meetings – to a space that supports more spontaneous collaboration and interaction. Highlights include: From before the start of the pandemic to 2021-22, the percentage of respondents who said informal socia

REPURCHASE OF SHARES1.2.2023 18:30:00 CET | Press release

REPURCHASE OF SHARES Amsterdam, the Netherlands - Flow Traders Ltd. (“Flow Traders”) (Euronext: FLOW) has repurchased50,431of its own shares in the period from 26 January 2023 up to and including1February 2023 at an average price of €23.41. This is in accordance with the share buyback program originally announced on 22 July 2022 and subsequently increased as per the announcement made on 27 October 2022. The consideration of this purchase was €1.2 million. The total number of shares purchased under this program to date is 1,137,890 shares at an average price of €21.29 for a total consideration of €24.2 million. 3,491,110 shares were held in treasury as at 1 February 2023. Contact Details Flow Traders Ltd. Jonathan Berger / Investor Relations Officer Phone: +31 20 7996149 Email: investor.relations@flowtraders.com About Flow Traders Flow Traders is a leading global financial technology-enabled liquidity provider in financial products, historically specialized in Exchange Traded Products (