- Superior Propane, Superior Plus Corp's SPB SUUIF energy distribution business in Canada, and Charbone Hydrogen Corp CH have entered into a supply and logistics agreement to provide green hydrogen to commercial and industrial customers located initially in Quebec, Canada. Financial terms not disclosed.
- As per the agreement, Charbone will provide Superior with green hydrogen from its Sorel-Tracy, Quebec facility, with initial deliveries expected as early as the third quarter of 2022.
- Superior Propane will be responsible for delivering hydrogen directly from Charbone's facility to Superior's existing and new customers.
- Price Action: SPB shares closed lower by 0.26% at C$11.52 on TSX on Thursday.
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