Charbone Hydrogen Corporation

Charbone Hydrogen Corporation, through its subsidiary Charbone Corporation USA, has executed a purchase and sale agreement to acquire three operating hydropower plants (Tower 560 kW, Kleber 1,200 kW, Alverno 1,000 kW) in the Onaway, Michigan area from Northwoods Hydropower Inc. for $3,600,000 USD.

Charbone Hydrogen Corporation amended its agreement to acquire Wolf River Hydro Limited Partnership, owner of a 700 kW hydropower plant in Shawano, Wisconsin, with closing expected on or before December 1, 2022.