EQS-News: ABO Wind AG: ABO Wind secures lands for Toqlukuti’k Wind and Hydrogen Project in Newfoundland and LabradorEQS
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EQS-News: ABO Wind AG
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ABO Wind secures lands for Toqlukuti’k Wind and Hydrogen Project in Newfoundland and Labrador
(ST. JOHN’S, Newfoundland and Labrador, 30 August 2023) ABO Wind Canada Ltd. has been awarded the exclusive right to pursue development of its Toqlukuti’k Wind and Hydrogen Ltd. Project through the Crown Land Call for Bids for Wind Energy Projects. The announcement was made August 30, 2023, by the Honourable Andrew Parsons, Minister of Industry, Energy and Technology.
“We are pleased with the Crown lands decision and look forward to working with ABO Wind to produce green hydrogen and green ammonia to meet our local demand, with the potential to scale up to serve global markets,” said Frank Almaraz, CEO, Braya Renewable Fuels. “ABO Wind is our partner of choice as we look toward the completion of our refinery conversion project and our future as a world class renewable fuels producer.”
The name Toqlukuti’k (pronounced ‘dok-loo-gu-tik’) was determined together with Miawpukek First Nation and originates from the traditional Mi’kmaq language of the Miawpukek First Nation, meaning “working together.” ABO Wind Canada Ltd. has signed a memorandum of understanding (MOU) with Miawpukek First Nation and has received numerous letters of support from communities as part of its Crown land bid submission.
“ABO Wind Canada has a local economic development policy and believes that communities in proximity to our projects should receive preferential attention and access to business and employment opportunities,” says Dr. Schlageter. “It is our intent to maximize economic benefits for communities and their residents and promote long-term commercial growth through access to goods and service contracts, capacity training, and employment.” Toqlukuti’k Wind and Hydrogen Ltd. is expected to provide sizable local job and procurement opportunities.
ABO Wind has had ongoing discussions with local community stakeholders in the Project’s area of interest. “We will continue to build upon these relationships and expand our stakeholder reach to ensure authentic collaboration and cooperation from all relevant groups and individuals,” says Dr. Schlageter. “ABO Wind is committed to transparent, meaningful, and ongoing Indigenous, community, and stakeholder engagement.” The ABO Wind team thanks all partners who have been integral in reaching this significant milestone to develop Toqlukuti’k Wind and Hydrogen.
01.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Company:||ABO Wind AG|
|Unter den Eichen 7|
|Phone:||+49 (0)611 26 765 0|
|Fax:||+49 (0)611 26 765 5199|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange|
|EQS News ID:||1717335|
|End of News||EQS News Service|
1717335 01.09.2023 CET/CEST