Contribution: Clean Fuels Program
AZURE SUSTAINABLE FUELS CORP.
$5,000,000.00
AZURE SUSTAINABLE FUELS FEED PROJECT (ONTARIO)
FY 2023-24 · 2023-06-21
Summary
The purpose of this agreement is to conduct a FEED study in Ontario to assess and prepare plans to define the development of a renewable distillates facility, primarily focused on the production of sustainable aviation fuel with the ability and flexibility to produce renewable diesel, renewable naphtha, and renewable propane.
Department
Program
Clean Fuels Program
Recipient
Location
CALGARY | CALGARY, Alberta, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Agreement End Date
2025-03-31
Agreement Number
CFF-A-2223
Agreement Start Date
2023-06-21
Agreement Title
AZURE SUSTAINABLE FUELS FEED PROJECT (ONTARIO)
Agreement Title (French)
PROJET AZURE D’ÉIIC DE CARBURANTS DURABLE (ONTARIO)
Agreement Type
Contribution
Agreement Value
$5,000,000.00
Amendment Number
0
Description
The purpose of this agreement is to conduct a FEED study in Ontario to assess and prepare plans to define the development of a renewable distillates facility, primarily focused on the production of sustainable aviation fuel with the ability and flexibility to produce renewable diesel, renewable naphtha, and renewable propane.
Description (French)
Le but de cet accord est de mener une étude FEED en Ontario pour évaluer et préparer des plans pour définir le développement d'une installation de distillats renouvelables, principalement axée sur la production de carburant d'aviation durable avec la capacité et la flexibilité de produire du diesel renouvelable, du naphta renouvelable et du propane renouvelable.
Expected Results
This Project will help increase production capacity of clean fuels in Canada.
Expected Results (French)
Ce projet contribuera à accroître la capacité de production de carburants propres au Canada.
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
Program Name
Clean Fuels Program
Program Name (French)
Programme sur les combustibles propres
Program Purpose
Programming using contributions to support Clean Fuels, Transportation and Industry will help deliver on the policy objective enabling energy transition, as a key component of achieving Canada’s climate change objectives, and path to net-zero. Specifically, programming fosters greater energy efficient and electrification of transportation, as well as growing the production, and end-use of clean fuels in two essential sectors of the economy – transportation and industry.This programming also supports implementation of key policy objectives, including implementing the Clean Fuels Regulations, complementing enhanced carbon pricing, more stringent vehicle and industry emission standards, all laying the foundation to be net-zero by 2050.
Program Purpose (French)
Les programmes qui ont recours aux contributions pour appuyer les combustibles propres, les transports et l’industrie aideront à atteindre l’objectif stratégique visant à favoriser la transition énergétique, en tant que composante clé de l’atteinte des objectifs liés aux changements climatiques du Canada, et de la voie vers le zéro émission nette. En particulier, les programmes favorisent une plus grande efficacité énergétique et électrification des transports, ainsi qu’une augmentation de la production et de l’utilisation finale des combustibles propres dans deux secteurs essentiels de l’économie : le transport et l’industrie. Ces programmes appuient également la mise en œuvre d’objectifs stratégiques clés, notamment mettre en œuvre un règlement sur les combustibles propres, compléter une tarification du carbone accrue, et élaborer des normes plus rigoureuses pour les véhicules et l’industrie, qui posent tous les bases de l’atteinte du zéro émission nette d’ici 2050.
Recipient City
CALGARY | CALGARY
Recipient Country
CA
Recipient Legal Name
AZURE SUSTAINABLE FUELS CORP.
Recipient Postal Code
T3B 1W1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
115-2023-2024-Q1-14107