US Capital Global Securities, the SEC-registered broker-dealer division of the global private financial group US Capital Global, acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen. The financing is being provided by a private fund managed by True Green Capital Management.
“We’re proud to have served as lead advisor to both Charbone and TGC on this transaction,” Charles Towle, CEO of US Capital Global Securities, said. “Charbone is gaining strong momentum as demand grows for clean hydrogen solutions to decarbonize the energy grid. With key sites in development across North America, we look forward to supporting the company’s continued growth. The transaction was led by Lisa Terk, senior vice president and a top CleanTech and Renewables banker at our global headquarters.”
“This financing marks an important milestone in executing our long-term growth strategy,” Benoit Veilleux, chief financial officer of Charbone, said. “We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation.”
“We’re pleased to be financing Charbone and look forward to working together on this joint renewable clean energy initiative,” Hervé Touati, managing director at TGC, said. “We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage.”
