Lease Agreement
Greenergy and the Belledune Port Authority have signed a long-term lease for a tank facility at the deep-water import terminal in northern New Brunswick, Canada. This strategic move expands Greenergy's fuel terminal network.
Regional Growth and Green Initiatives
The partnership with Indigenous communities, including Pabineau and Eel River Bar, aims to support regional growth and enhance the port's Green Energy Hub. The new tenant is expected to bring jobs and contracting opportunities to the area.
Supply Chain Enhancement
The tank storage facility will bolster Greenergy's supply capabilities, leveraging global supply chains to ensure fuel security. Products will be available at the port terminal or transported via rail to other terminals.
Role of CN
CN will play a key role in transporting Greenergy's products by rail from northern New Brunswick to customers along its network, enhancing supply chain efficiency and providing new options for shippers.
Future Development
Greenergy is engaging with local communities and First Nations as it prepares for further development, focusing on building strong partnerships and creating employment opportunities.
