B.C. Ferries could tap federal bank to replace major vessels
B.C. Ferries is eyeing Canada Infrastructure Bank to help finance a billion-dollar-plus major-vessel-replacement program and terminal infrastructure.
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B.C. Ferries is eyeing Canada Infrastructure Bank to help finance a billion-dollar-plus major-vessel-replacement program and terminal infrastructure.
Canada Infrastructure Bank is providing a $75 million loan to BC Ferries to acquire more Island Class battery ships and install chargers.
While existing Island-class ferries are equipped to run on both diesel fuel and electricity, the new ferries will be fully electric.
While existing Island-class ferries are equipped to run on both diesel fuel and electricity, the new ferries will be fully electric.
The Canada Infrastructure Bank is loaning B.C. Ferries $75 million to help buy four new electric Island-class ferries and installing charging infrastructure.