In a strategic move to bolster its position in the burgeoning low-carbon fuel market, StormFisher Hydrogen, a leading facility development company, has successfully secured a substantial $30 million investment from ARC Financial Corp.
The infusion of funds is earmarked for advancing StormFisher Hydrogen’s ongoing projects in the United States and Canada, with a focus on expanding its capacity for the production of innovative e-fuels. Established in 2006, StormFisher has long been dedicated to large-scale projects aimed at producing low-carbon fuels. Following the recent divestment of its organic waste-to-energy division, StormFisher shifted its focus to the production of renewable electricity-derived fuels, commonly known as e-fuels. This strategic realignment positions the company to meet the escalating demand for such products, particularly as industries undergo transformative shifts in their energy strategies.
Under the rebranded entity of StormFisher Hydrogen, the company has been actively engaged in the development of e-fuel facilities since 2018, leveraging its success in producing Renewable Natural Gas (RNG) at scale. The injection of $30 million from ARC Financial Corp. serves to accelerate StormFisher Hydrogen’s progress in deploying cutting-edge technologies for the production of electrolysis-based fuels, encompassing clean hydrogen, e-methane, e-methanol, and green ammonia.
StormFisher Hydrogen’s ambitious plans include the development of multiple facilities capable of converting up to 300 MW of renewable electricity sourced from wind and solar into high-quality e-fuels. These low-carbon fuels are poised to play a pivotal role in decarbonising challenging sectors, including natural gas utilities, LNG supply chains, heavy industries such as refineries, ammonia production facilities, steel plants, glass, cement, and other sectors with substantial process and thermal loads, as well as the marine industry. As StormFisher Hydrogen accelerates its trajectory in the e-fuel space, the investment from ARC Financial Corp. solidifies its commitment to pioneering sustainable solutions that align with evolving global energy transitions.
