Special Report: Infinite Green Energy is making inroads into the North American market through a joint venture with Red Earth Energy and Frontier Impact Group

Canada was selected as the ideal location for the new H2 Canada JV for the production of green hydrogen due to its abundance of fresh water, hydroelectricity and wind energy potential.

Additionally, the JV will form partnerships with Indigenous First Nations communities in Canada to support and supply green hydrogen to a new, developing Canadian domestic market and export markets in Europe, Asia, the US and the Americas.

Several locations have been identified and all are progressing at different stages.

The JV plans to initially reduce carbon emissions in Canada by 120,000t per annum and create large economic opportunities in the renewable energy space.

“It’s a great pleasure to join with Red Earth Energy to deliver H2 Canada working in partnership with First Nations traditional landowners,” Infinite Green Energy chief executive officer Stephen Gauld said.

“Canada is an ideal location to enable green hydrogen delivery into the American and European markets.”

Frontier Impact Group managing director Jennifer Patterson expressed the company’s belief that green hydrogen has an important role to play in the energy transition and expected to leveraging its experience in the Australia market with its partners to achieve impactful results in Canada.

“Red Earth Energy will leverage the expertise of Infinite Green Energy, the leading green hydrogen company in Australia and internationally and Frontier Impact Group, a climate solutions investment and advisory firm who are pioneering the transition of Australia to net carbon zero, to hit the ground running in Canada,” Red Earth Energy managing director Peter Walsh said.

Green hydrogen hubs

The JV intends to propose green hydrogen hubs in Newfoundland, Quebec and British Columbia.

Feasibility studies will be carried out with the help of First Nations communities in Canada during the fourth quarter of 2022, and these are expected to be completed within 10 months.

The move expands on the company’s existing operations in Western Australia such as the MEG HP1 project in Northam and the larger Arrowsmith Hydrogen Plant.

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This article was developed in collaboration with Infinite Green Energy, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

New Canadian hydrogen JV with Red Earth Energy is a big leap forward for Infinite Green. Pic via Getty Images.

Infinite Green Energy (IGE, formerly Infinite Blue Energy), today, announced the appointment of Chris Salisbury to its Board of Directors effective 11 October 2021.

Mr Salisbury is a highly experienced mining and business executive, with over 30 years of global experience across senior strategic and operational roles for the Rio Tinto Group, including four and half years as member of the Executive Committee. He is currently non-executive chair of ASX listed Deep Yellow Ltd and a non-executive director of BCI Minerals Limited.

Infinite Green Energy Chairman, Peter Coleman, said Chris Salisbury is eminently qualified to join the Board at a time when the business is accelerating the development pathway of its flagship Arrowsmith Hydrogen Project in Western Australia.

“Chris has enjoyed a distinguished career where he has worked across a diverse range of commodities including bauxite, alumina, aluminium, coal, uranium, salt, copper and iron ore. He held a number of senior roles at Rio Tinto including Chief Operating Officer, Pacific Bauxite and Alumina for Rio Tinto Alcan, Chief Operating Officer, Rio Tinto Coal and most recently Chief Executive, Rio Tinto Iron Ore. He has decades of experience in working with stakeholders in China, Japan, Korea and Taiwan. He also has a proven track record of significant project delivery in Western Australia,” he said.

“Chris’s appointment to the Board will provide our investors with further confidence in the business’s direction and strategy and I look forward to working with him during this exciting time.”

Infinite Green Energy CEO and co-founder, Stephen Gauld, welcomed Chris Salisbury’s appointment to the Board as further indication of the ever-increasing confidence in the hydrogen industry.

“Infinite Green Energy has a clear vision to leading the transition to a net zero emissions economy by developing projects in Australia, Italy and New Zealand to produce and deliver green hydrogen to domestic and export markets around the world,” Stephen said.

“Our company continues to mature and as we do, we continue to add world-class levels of expertise and corporate experience to our Board of Directors to ensure we achieve our goals.”

Chris Salisbury said he was excited to join the Board of Directors at a time when industry is increasing efforts to decarbonize.

“Hydrogen, particularly that produced from renewable energy sources, will be a critical pillar in the ongoing drive to decarbonize world industry and the global economy. The market potential for green hydrogen is growing exponentially and I am delighted to join the Board of Infinite Green Energy at this time,” he said.

About Chris Salisbury

• Non-executive Chair of Deep Yellow Ltd
• Non-executive Director of BCI Minerals Ltd
• Former non-executive Director of Energy Resources of Australia
• Former Chair of the Robe River Mining joint venture
• Former Director of the Minerals Council of Australia
• Former Director Australia Japan Business Cooperation Committee
• Former Chief Executive of Rio Tinto Iron Ore
• Former CEO of Energy Resources of Australia
• Bachelor of Engineering (distinction), Metallurgical Engineering, from the University of South Australia
• Fellow, Australian Institute of Company Directors
• Fellow, Vincent Fairfax Institute

L-R: Stephen Gauld, Peter Coleman, Yolanda Zhao

Infinite Green Energy (IGE, formerly Infinite Blue Energy) has appointed Mr Peter Coleman as Chairman of its Board of Directors.

Mr Coleman will join IGE’s Board as Non-Executive Chairman effective 30^th August 2021.

The former CEO and Managing Director of Woodside Energy is one of Australia’s most prominent business leaders with more than 35 years’ experience in the energy sector.

Infinite Green Energy CEO and co-founder, Stephen Gauld, said the appointment of Mr Coleman underlines the significance of the opportunity available to IGE in producing green hydrogen for domestic and export markets and is a further vote of confidence in the company’s projects and future strategy.

“Mr Coleman is a respected leader in the energy sector who understands the challenges facing, and the opportunities available to the industry in being at the forefront of global decarbonisation,” Mr Gauld said.

“The potential for renewable hydrogen as a pillar of a cleaner economic transformation is being recognised throughout the world with government policy positions incentivising investment in large-scale hydrogen projects as carbon neutral forms of energy.

“IGE is on a pathway to producing 265 tonnes per day of green hydrogen for domestic and export markets from its Arrowsmith Hydrogen Plant in Western Australia. The project is aligned to the state’s Renewable Hydrogen Strategy and will be the flagship in a portfolio of renewable hydrogen projects IGE will develop throughout Australia and internationally.

“Mr Coleman’s experience and leadership will position IGE as a leader in the development of this exciting new global marketplace and sends a strong signal to our investors that the business can continue on its path with confidence.”

Mr Coleman has been a long-time proponent of the benefits of hydrogen as a means of reducing carbon emissions globally.

“Hydrogen produced from renewable sources, in particular, has enormous potential to decarbonise economies in the future as investment levels increase, climate policies strengthen, and costs of production decrease,” he said.

“Hydrogen is a transport fuel of the future and can be used to decarbonise long haulage transport and remote operations and to reduce emissions in heavy industry and infrastructure.

“I join the IGE Board with the business at an advanced stage in securing its domestic and export market positions and I’m delighted to be leading an Australian business that will be at the forefront of the nation’s desire to create a renewable hydrogen industry.”

About Peter Coleman

Former CEO and Managing Director of Woodside Energy

Former Vice President Asia Pacific and Vice President Americas at Exxon Mobil

Chair of the Australia-Korea Foundation

Doctor of Engineering (honorary) from Deakin University

Bachelor of Engineering (distinction) Monash University

Doctor of Laws (honoris causa) from Monash University

Master of Business Administration from Deakin University

Fellow, Australian Academy of Technology and Engineering

Adjunct Professor, Business School, University of Western Australia

Media contact:

Simon Corrigan, Corporate Affairs Officer

(+61) 0428 724 591              media@igeh2.com

About Infinite Green Energy (IGE)

Infinite Green Energy Ltd (IGE) is a public unlisted company (formerly Infinite Blue Energy), based in Perth, Western Australia, and is committed to leading the transition to a net-zero emissions economy by developing projects in Australia, Italy and New Zealand to produce and deliver green hydrogen to domestic and export markets around the world. Renewable hydrogen is an emerging resource that will play an important role in decarbonising the world’s economy with significant potential to be used in power grids for transport, infrastructure, and industry. Find out more about IGE at igeh2.com