BC Ferries receives $75M for zero-emission vessels

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The Canada Infrastructure Bank is lending $75 million to BC Ferries to help finance the purchase of four zero-emission vessels and install electric charging infrastructure. The Island class vessels, which will be used on small volume and shorter routes, are part of the company’s ongoing efforts to replace its existing Island class fleet with quieter and more environmentally friendly ferries. The existing diesel-hybrid vessels will be transferred to other routes to replace ferries that have reached their end of life. Terminal upgrades are to be completed by 2027 and the battery electric ferries will be used on small-volume and shorter routes.

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