Newfoundland and Labrador has secured a lease agreement with North Atlantic to operate the Bull Arm fabrication site in Trinity Bay. The aim is to develop a 'green energy centre of excellence' in collaboration with various partners to support the energy transition. This project includes a focus on wind energy and green hydrogen research, aligning with the government's interest in national defence opportunities. Industry Minister Steve Crocker highlighted the importance of keeping the province's trade workforce employed locally, emphasizing the potential for economic growth and workforce retention. North Atlantic will bear the operational and maintenance costs of the site while sharing profits and wind development royalties with the province. The project represents a shift towards green hydrogen as a new industry in the region. This initiative not only aims to attract investments and businesses to the site but also ensures that Newfoundland and Labrador benefits economically from the project. The provincial government's commitment to supporting the workforce and maximizing benefits for its residents underscores the positive sentiment towards this strategic partnership.