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Government Invests over $1 Million in Initiatives Through Green Transition Fund



The province is providing funding for several green projects through the Green Transition Fund. Minister of Industry, Energy and Technology, Andrew Parsons announced $1.36 million to support the projects.


Six new projects have been approved for funding through the Fund. The funding will be awarded to the Deer Lake Regional Airport Authority, Labrador Leasing Limited, Newfoundland Power, North Atlantic Refining Limited, Nunacor Development Corporation, and Pennecon Hydraulic Systems Limited.


Parsons said, "Just over a year into this program, we are seeing incredible initiative and ingenuity from businesses and organizations in our province as part of the global green transition. Our province continues to be a leader in supporting a green economy. This fund represents the future and is contributing to long-term job creation and economic growth in Newfoundland and Labrador."

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