Buckeye Partners has today (July 13) revealed it has completed the acquisition of Bear Head Energy with plans to develop a hydrogen hub in Atlantic Canada.
Bear Head has overseen a green hydrogen and ammonia production, storage, and export project in Point Tucker, Nova Scotia, Canada with electrolyser capacity of over 2GW, which Buckeye now intends on developing.
As part of phased developments, Buckeye has said it plans to partner with on and offshore renewable energy developers to build out a large-scale green hydrogen hub for Atlantic Canada, contributing to Nova Scotia’s climate targets, and to establish the region as a global leader in green hydrogen production and export.
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