Charbone Hydrogen Secures $50M to Expand Green Hydrogen Production Across North America

Charbone Hydrogen Corporation is making serious moves to ramp up green hydrogen production, securing up to $50 million in construction capital. The funding, arranged by US Capital Global Securities LLC and backed by a fund managed by True Green Capital Management LLC, gives Charbone the fuel it needs—literally and financially—to expand its network of modular hydrogen plants across North America.

Fast, Flexible, and Ready to Scale

Out of Quebec, Charbone isn’t playing it safe with a single big plant. Instead, they’re launching a smarter approach—small-footprint, modular sites that are fast to deploy and easy to scale. Each unit taps into renewable electricity, like Quebec’s famous hydro power, to split water and make ultra-clean hydrogen—99.999% pure—without putting a single molecule of carbon into the air.

Even better? They lock in customers before shovels hit the ground. By pre-selling hydrogen via long-term agreements with top-tier buyers, Charbone brings a level of predictability that’s rare in a still-emerging space. CFO Benoit Veilleux puts it simply: this funding lets them keep pace with growing industrial needs and government mandates dialing up demand for zero-emission technology.

Quebec’s Push Toward Clean Energy

Charbone isn’t just lucky to be in Quebec—it’s perfectly placed. The province is actively supporting industries moving off fossil fuels through its Green Hydrogen and Bioenergy Strategy. The numbers are big: If the plan hits full scale, it could cut oil use by a billion liters a year and slash 4 million tons of CO₂ emissions by 2030. That’s the same as pulling over a million gas-powered cars off the road.

Right now, the company’s cornerstone project in Sorel-Tracy is gearing up to plug into the Hydro-Québec grid by mid-2025. At the same time, they’re locking in new buyers, including a major U.S. player in industrial gases. That deal expands their footprint and profit potential in a big way.

Built for Business, Not Just Buzz

As the only publicly traded company in North America solely focused on green hydrogen (TSXV: CH, OTCQB: CHHYF, FSE: K47), Charbone isn’t just another clean tech startup chasing the hype. They’ve built a business with real customers, real contracts, and real revenue plans—long before they flip the switch on new plants.

“We’ve bet on being nimble,” says Veilleux. Their lean structure and modular approach let them move quickly. Plus, they just tidied up the balance sheet with a $1.3 million debt-for-equity deal (completed on June 3, 2025), giving them more flexibility as they grow.

Smart Tech Meets Strategic Partners

Charbone is betting on brainpower too, teaming up with tech giant ABB to use advanced automation and integrate clean hydrogen systems more seamlessly into the grid. ABB’s tech ensures plants run efficiently—and stay scalable—as demand explodes in the coming years.

“This isn’t just about throwing up a bunch of hydrogen stations,” said one Charbone exec. “We’re building a real, functional network with serious partners.” In an industry full of delays and budget overruns, their partnership-driven model could be a gamechanger.

Hydrogen’s Big Moment

Let’s be real—timing matters. Charbone’s latest funding round hits while the interest in hydrogen infrastructure is red hot. More countries and corporations are putting their money where their emissions are, banking on hydrogen as the go-to solution in places where simple electrification just won’t work—think heavy transport, manufacturing, and heavy industry.

And when you need energy that packs more punch than a battery can handle, hydrogen fuel cells and pure compressed hydrogen are leading the charge.

Scaling Up Without Slowing Down

If everything clicks into place, Charbone won’t just be talking about sustainable energy—they’ll be proving you can build it profitably and responsibly at scale. Their on-the-ground approach, powered by renewables and backed by strong sales contracts, provides a solid roadmap for others in the industry.

And the impact? It goes beyond just cutting emissions. They’re looking at creating jobs, boosting energy self-reliance, and breathing new life into industries that need a cleaner future. Thanks to their laser focus and flexible model, Charbone might just stay one step ahead in the green hydrogen game.

About the Company

Charbone Hydrogen Corporation is a Canadian clean tech firm dedicated to green hydrogen production. Publicly traded on the TSX Venture Exchange, OTCQB, and Frankfurt Stock Exchange, the company develops distributed, modular hydrogen facilities powered by renewable energy. All hydrogen output is secured through long-term offtake agreements.