StormFisher Hydrogen acquires Recyclage Carbone Varennes

On October 15, 2025, StormFisher Hydrogen Ltd. (“StormFisher Hydrogen”) announced the acquisition of Recyclage Carbone Varennes (“RCV”) following a court–approved process.

With the acquisition, StormFisher will build on RCV's existing infrastructure and expertise to transform the partially built RCV site in Varennes, Québec, into the first large-scale Renewable Fuels of Non-Biological Origin (RFNBO)-compliant low-carbon methanol plant in North America. Unlike the initial RCV project, which relied on biomass gasification to produce methanol, StormFisher will use clean hydrogen and captured CO₂ to produce methanol, an approach proven to be simpler, cleaner, more reliable and more resilient.

The methanol produced in Varennes aims to support the decarbonization of the maritime industry in Québec and around the world by providing a more sustainable alternative to fossil fuels.

Further information can be found on Canada Newswire’s website.

StormFisher Hydrogen develops, owns, and operates large-scale renewable hydrogen and e-fuels projects across North America, supplying fuels to global markets. With deep expertise in project development, execution, and financing, it partners with governments, communities, and industries to accelerate the decarbonization of hard-to-abate sectors.