Grants and Contributions:

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Title:

AZURE SUSTAINABLE FUELS FEED PROJECT (ONTARIO)

Agreement Number:

CFF-A-2223

Agreement Value:

$5,000,000.00

Agreement Date:

Jun 21, 2023 - Mar 31, 2025

Description:

The purpose of this agreement is to conduct a FEED study in Ontario to assess and prepare plans to define the development of a renewable distillates facility, primarily focused on the production of sustainable aviation fuel with the ability and flexibility to produce renewable diesel, renewable naphtha, and renewable propane.

Organization:

Natural Resources Canada

Expected Results:

This Project will help increase production capacity of clean fuels in Canada.

Location:

CALGARY, Alberta, CA T3B 1W1

Reference Number:

115-2023-2024-Q1-14107

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Additional Information:

Grant or contribution awarded and spanning more than one fiscal year.

Recipient's Legal Name:

AZURE SUSTAINABLE FUELS CORP.

Program:

Clean Fuels Program

Program Purpose:

Programming using contributions to support Clean Fuels, Transportation and Industry will help deliver on the policy objective enabling energy transition, as a key component of achieving Canada’s climate change objectives, and path to net-zero. Specifically, programming fosters greater energy efficient and electrification of transportation, as well as growing the production, and end-use of clean fuels in two essential sectors of the economy – transportation and industry.This programming also supports implementation of key policy objectives, including implementing the Clean Fuels Regulations, complementing enhanced carbon pricing, more stringent vehicle and industry emission standards, all laying the foundation to be net-zero by 2050.