CHARBONE Hydrogen Corporation, a rare publicly traded pure-play company focused on the production and distribution of green H₂ in North America, announced more details on the signing, previously announced on May 1, 2025, of a project finance facility of up to $50 million being provided by a private fund managed by True Green Capital Management LLC (TGC). US Capital Global Securities LLC, the SEC-registered broker-dealer division of global private financial group US Capital Global has acted as lead advisor and facilitator.

Headquartered in Montreal, CHARBONE is developing modular production facilities targeting 99.999% purity (Grade 5.0 and higher) H₂, with all output pre-sold through tier-one offtake agreements.

“We’re proud to have served as lead advisor to both CHARBONE and TGC on this transaction,” said Charles Towle, CEO of US Capital Global Securities. “CHARBONE is gaining strong momentum as demand grows for clean H₂ solutions to decarbonize industrial users through their key sites in development across North America. We look forward to supporting the company’s continued growth. The transaction was led by Lisa Terk, Senior Vice President and a top CleanTech and Renewables banker at our global headquarters.”

“This financing marks an important milestone in executing our long-term growth strategy,” said Benoit Veilleux, CFO of CHARBONE. “We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation.”

Hervé Touati, Managing Director at TGC, added, “We’re pleased to be financing CHARBONE and look forward to working together on this joint renewable clean energy initiative. We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage.”