Abraxas Power Corp. and its subsidiary, Exploits Valley Renewable Energy Corporation (EVREC), have submitted the Environmental Assessment Registration for a Green Energy Hub project in the Botwood area of Newfoundland & Labrador. The project, awarded access to over 300 square kilometers of crown lands, will feature a 3.5 GW onshore wind project along with hydrogen and ammonia production, targeting annual outputs of 200,000 tons of green hydrogen and 1,000,000 tons of green ammonia for export. EVREC's capital investment is estimated at CAD$12 billion, offering significant economic benefits including boosting provincial GDP, creating job opportunities, and contributing to tax revenues. Abraxas Power Corp. emphasizes the importance of community partnership and economic growth through sustainable energy projects, highlighting the potential for job creation and economic stability in the region. The company's focus on energy transition and commitment to decarbonization is evident in its portfolio of large-scale development projects, underscoring its role in transforming the global energy industry towards sustainability.