HOPA Ports teams with indigenous bank to restart Ontario biodiesel plant
In Canada, HOPA Ports and the Mississaugas of the Credit Business Corporation (MCBC), the entity representing the business development interests of the Mississaugas of the Credit First Nation (MCFN), have partnered to save a critical biodiesel production facility in Ontario from permanent closure. This effort is anchored by the development of a new Memorandum of Understanding between HOPA and MCFN, establishing a framework for ongoing partnership. The project will be operated by Biidaaban Renewable Energy, a newly formed entity established to restart and operate the facility located at Pier 14 at the Port of Hamilton. MCBC has a 51-per-cent ownership position in the Biidaaban project, establishing a significant Indigenous-led investment in Ontario’s clean energy infrastructure.
Category: Fuels
