Abraxas Power Corp. and its subsidiary Exploits Valley Renewable Energy Corporation (EVREC) have submitted an Environmental Assessment Registration for the Green Energy Hub project in the Botwood area of Newfoundland & Labrador. The project involves a 3.5 GW onshore wind project with energy and molecular storage to support the production of up to 200,000 tons of green hydrogen and 1,000,000 tons of green ammonia annually for global export. EVREC has made significant progress through pre-construction activities, including environmental data collection and public consultations. The total capital investment for EVREC is expected to be CAD$12 billion, with substantial economic impacts outlined in an Economic Impact Assessment by Jupia Consulting. These impacts include boosting provincial GDP, employment income, job creation during construction and operation, increased household spending, and tax revenue generation for municipal, provincial, and federal governments. Abraxas Power Corp highlights the importance of community partnership in developing a sustainable energy future, emphasizing the creation of high-skilled job opportunities, economic stability, and vibrant communities. The company's focus on decarbonizing hard-to-abate sectors and creating value through energy transition projects underscores its commitment to transforming the global energy industry. With a track record of delivering large-scale projects and securing significant capital, Abraxas Power Corp aims to lead in renewable power, hydrogen production, project construction, and operational excellence.