December 11, 2024
Press Release
Six Nations of the Grand River Development Corporation (SNGRDC) and Canadian Power-to-X Partners Inc. (CPXP) Announce Joint Venture.
SNGRDC is a leading First Nations development company located in Canada; CPXP is a Canadian clean hydrogen company that aims to develop low-carbon fuel projects across Canada. Together, they will work to develop low-carbon hydrogen projects in Southern Ontario.
This partnership is exciting news for Ontario's expanding low-carbon hydrogen market. SNGRDC and CPXP will work closely and collaborate in all aspects of development, from site selection to customer procurement to construction and operations.
“At SNGRDC, we strive to be at the forefront of innovation and partner with the best and brightest companies. We also place a great emphasis on working with partners that respect and honour Indigenous participation in the clean energy sector. It is a culmination of these factors that led to us forming this partnership with CPXP.”
Matt Jamieson, President/CEO, SNGRDC
“I’m pleased and honoured to be working again with the Six Nations of the Grand River Development Corporation. I had the pleasure to work with Matt Jamieson and his team on the Oneida Energy Storage project and we recognize their pragmatic approach to developing new technologies,” said Wendy Franks, founder and Chief Executive Officer of CPXP. “Low-carbon hydrogen has the potential to decarbonize the most carbon intensive sectors of our economy while also creating high-quality jobs. I’m excited to embark on this partnership with SNGRDC.”
Wendy Franks, CEO & Founder, CPXP
About SNGRDC:
Six Nations of the Grand River Development Corporation (SNGRDC) manages the Six Nations’ economic interests in 25 energy projects and numerous economic development opportunities in and around the Six Nations territory. SNGRDC’s current energy portfolio boasts over 2.4 GW of capacity through its direct or indirect involvement in five battery storage, six solar, and 14 wind project(s). SNGRDC is located on the Six Nations Reserve and employs an average of 100 employees through Nation Enterprise or the administration of Economic Interests projects. For more information, please visit www.sndevcorp.ca.
About CPXP:
Canadian Power-to-X Partners Inc. (CPXP) develops, owns and operates low-carbon hydrogen projects in Canada. Founded in 2023, CPXP is developing a portfolio of hydrogen facilities in Canada to provide hydrogen and derivatives to domestic customers in order to decarbonize Canadian industry. Hydrogen has the potential to decarbonize the hardest-to-abate sectors of the economy and CPXP is committed to the successful and affordable decarbonization of the Canadian economy. For more information, please contact Wendy Franks.