FLO announced that the company is collaborating with Imperial to support Canada’s emission reduction goals.
In addition, Imperial will also transfer credits under the Clean Fuel regulations to help offset costs.
The CEO and President of FLO, Louis Tremblay, had this to say about the announcement:
Our collaboration with Imperial is noteworthy—involving two major players in Canada’s energy sector in support of furthering Canada’s goal of net-zero carbon emissions by 2050. Importantly, the agreement will generate financial benefits that will allow FLO to expand its EV charging station deployments, propelling our goal of transforming Canada’s mobility future. We’re thrilled with this agreement, and eager to bring Canadians more reliable EV charging solutions nationwide.
While Imperial’s Vice President of Downstream, John Wetmore, had this to say:
Canada has clearly defined policies that support lower-emissions solutions and deployment of new technologies. Our collaboration with FLO will complement other Imperial GHG emission-reduction efforts, including plans to produce and supply lower-emission fuels, next-generation resource recovery technologies and carbon capture.
There is no word on when these chargers will be installed or how many chargers will be included in the agreement.
Financial details of the agreement were not included in the announcement.