StormFisher Hydrogen

StormFisher Hydrogen

Operates a 2.85 MW biogas facility in London, Ontario that converts up to 100,000 tonnes of organic waste each year into renewable energy and organic based fertilize.

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$50.0m

Growth Equity VC
Total Funding000k
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Founded in 2006, StormFisher Hydrogen operates as a developer, owner, and operator of clean fuel production facilities. Initially focused on converting organic waste into renewable natural gas (RNG) in the biogas sector, the company has since pivoted to address the growing demand for hydrogen-based fuels. This strategic shift followed the sale of its organic waste-to-energy division. Brandon Moffatt, one of the co-founders, has been instrumental in the company's development, leveraging his background in renewable energy and food waste to guide the company's growth, including buying in as a partner in 2009.

StormFisher's business model centers on developing, owning, and operating facilities that produce e-fuels, which are hydrogen-derived clean fuels. The company utilizes electrolysis powered by renewable sources like wind and solar to produce green hydrogen. This green hydrogen is then combined with captured carbon dioxide to create products such as e-Methanol, e-Methane, and green ammonia. Revenue is generated through the sale of these e-fuels to various clients. The company's business strategy involves managing projects through their entire lifecycle, ensuring long-term value for customers and partners. StormFisher has secured significant investments to fund its project pipeline, including US$30 million from ARC Financial Corp. and a US$50 million commitment from Hy24's Clean Hydrogen Infrastructure Fund, positioning it to deploy billions in capital over the next decade.

The company serves hard-to-abate industrial sectors that have challenges with electrification. Clients include transportation, heavy industry, gas utility companies, and traditional methanol users seeking to decarbonize their operations. Its e-fuel products provide a pathway for these sectors, such as maritime shipping, aviation, chemical production, and heavy industries like steel and cement, to reduce their carbon footprint. StormFisher has a project pipeline across North America, with facilities in development in Texas, Kansas, Minnesota, and Ontario. Its most advanced project in North Texas is expected to produce over 120,000 tons of e-Methanol annually. These projects are designed to transform renewable power into e-fuels for both domestic use and export to global markets in Europe and Asia.

Keywords: e-fuels, green hydrogen production, renewable natural gas, project development, clean fuel, electrolysis, decarbonization, e-Methanol, e-Methane, carbon capture utilization, low-carbon fuels, sustainable infrastructure, energy transition, power-to-x, industrial decarbonization, renewable energy facilities, anaerobic digestion, biogas, circular economy, waste-to-energy, clean-tech, hydrogen economy

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