EverWind lands more than $240M in financing for N.S. wind and hydrogen projects – CityNews Halifax
Mar 3, 2026
A wind energy company in Nova Scotia with the backing of local First Nations has secured $240 million in financing to construct onshore wind farms and an associated green hydrogen project that aims to be the first of its kind in Atlantic Canada.
Trent Vichie, CEO of EverWind Fuels, said the financing from New York-based investment manager Nuveen Infrastructure Credit will be used to advance work on the first phase of wind turbines that will eventually power a hydrogen and ammonia plant in Richmond County, Cape Breton. Vichie says EverWind has not yet signed up a customer for the hydrogen, but Germany has shown interest in Canadian exports.
“We’re excited because it’s an institutional investor, who’s extremely experienced in the space, investing in this Phase 1,” Vichie said in an interview Monday about Nuveen. “And so getting this thing to financial close this year and starting to build — it means 100 long-term skilled jobs, 500 construction jobs (and) over $1 billion in contracts and procurement opportunities in Nova Scotia.”
