Charbone Hydrogen Corp's CFO, Benoit Veilleux, recently discussed the company's significant financial milestone with Proactive, where they signed a non-binding term sheet for a $50 million construction capital facility. This agreement is set to bolster Charbone's clean hydrogen production across North America, facilitating the implementation of between five and ten projects from its planned sixteen sites. Veilleux highlighted the importance of this facility, stating that it signifies a crucial step for Charbone, enabling them to execute on the initial phase of their production locations. The company's strategy involves installing a new electrolyzer every three to six months to support their deployment plan. Notably, the Sorel-Tracy project in Québec is nearing production, with an expected launch in about two months. Additionally, projects in Michigan, as well as other locations in Canada and the United States, are progressing. Veilleux emphasized that the capital facility will allow Charbone to allocate between $5 million and $10 million per project, contributing to the broader $50 million commitment. This development showcases Charbone's dedication to advancing clean energy solutions and their commitment to sustainable hydrogen production. For more updates on Charbone's initiatives, viewers are encouraged to visit Proactive's YouTube channel and engage with the content to stay informed about the latest developments in the hydrogen energy sector.