Venture-backed Atlantic Hydrogen files for bankruptcy
Atlantic Hydrogen Inc has filed for voluntary bankruptcy. Deloitte, the appointed trustee, will initiate a process to find a buyer for the company's assets. Based in Fredericton, New Brunswick, Atlantic Hydrogen developed technology called CarbonSaver, which separates carbon and hydrogen from natural gas without emitting greenhouse gases. Founded in 2004, it received funding from several investors, including Emera Inc, Kyoto Capital Partners and New Brunswick Innovation Foundation.
30 September 2015•2 mins read
