Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
HORNEPAYNE POWER INC.
$500,000.00
Hornepayne Power Inc Modernization and Hydrogen Project
EF 2024-25 · 2025-02-05
Résumé
This project will assess opportunities or diversification and optimization in a forest products facility.
Ministère
Programme
Contributions in support of Investments in the Forest Industry Transformation ProgramContributions in support of Investments in the Forest Industry Transformation Program (lien de confiance élevée)
Bénéficiaire
Emplacement
HORNEPAYNE | HORNEPAYNE, Ontario, Canada
Type de bénéficiaire
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Reference Number
115-2024-2025-Q4-17770
Amendment Number
0
Agreement Type
Contribution
Recipient Type
F
Recipient Legal Name
HORNEPAYNE POWER INC.
Recipient Operating Name
Hornepayne
Recipient Country
CA
Recipient Province or Territory
ON
Recipient City
HORNEPAYNE | HORNEPAYNE
Recipient Postal Code
P0M 1Z0
Program Name
Contributions in support of Investments in the Forest Industry Transformation Program
Program Name (French)
Contributions à l'appui du programme Investissements dans la transformation de l'industrie forestière
Program Purpose
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.
Program Purpose (French)
Le programme des Investissements dans la transformation de l'industrie forestière a pour but d'appuyer ladite transformation qui rendra l'industrie forestière plus durable sur le plan commercial et environnemental en investissant dans des technologies novatrices qui mènent vers une gamme de produits plus diversifiés et de plus grande valeur, y compris la bioénergie et l'énergie renouvelable, ainsi que les biomatériaux, les produits biochimiques et les matériaux de construction de prochaine génération.
Agreement Title
Hornepayne Power Inc Modernization and Hydrogen Project
Agreement Title (French)
Projet de modernisation et d'hydrogène de Hornepayne Power Inc
Agreement Number
IFIT23_HORNP
Agreement Value
$500,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2025-02-05
Agreement End Date
2026-03-31
Description
This project will assess opportunities or diversification and optimization in a forest products facility.
Description (French)
Ce projet permettra l'analyse des opportunités de diversification et optimisation dans une industrie de produits forestiers au Canada.
Expected Results
The expected results will increase environmental performance (production of green electricity and renewable fuels, reduction of greenhouse gas emissions, increased energy efficiency, carbon capture).
Expected Results (French)
Le résultat attendu est l'augmentation de la performance environnementale (production d'électricité verte et de carburants renouvelables, réduction des émissions de gaz à effet de serre, efficacité énergétique accrue, capture du carbone).
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.
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
