![]() The Port of Argentia is the host site for North America's first and only monopile marshalling yard for U.S. ![]() ![]() #Arizona sunshine torrent torrent#"Our joint venture with the Port will provide significant growth and value creation for shareholders, the local community and the wider region of Newfoundland and Labrador." said Wade Dawe, President & CEO of Torrent Capital. Other promising areas for growth include the requirement for subsea pipe fabrication, container service expansion, aquaculture support services and facilities for critical mineral processing. Over the next five years, the Port is expected to host new investment from renewable energy companies proposing to establish facilities to produce wind energy, hydrogen, and ammonia, as well as staging for offshore wind farm construction projects throughout North America. The Port of Argentia, located in Placentia Bay, Newfoundland, is in the middle of a remarkable transformation to become a hub for innovation across multiple sustainable industries. The new joint venture company will be focused on the construction of port infrastructure, the provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. (TSXV: TORR), ("Torrent Capital") are pleased to announce the establishment of a joint venture company, Argentia Capital Inc. ("Port of Argentia" or the "Port") and Torrent Capital Ltd. September 21, 2022) - Port of Argentia Inc. ![]()
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