Green Hydrogen Project: Facts & Updates for EB-5 Investors
Official information from CanAm Enterprises | Last updated: February 26, 2026
What This Page Is
This page is CanAm Enterprises’ authoritative source of factual information about the Green Hydrogen Project and the current status of New Fortress Energy (“NFE”), the Project’s parent company. We are aware that inaccurate and misleading information has been circulating from third parties with no direct involvement in or knowledge of this Project. We encourage all New Fortress Energy EB-5 investors, partners, and interested parties to rely exclusively on this page and on direct communications from CanAm’s Investor Relations team.
Project Overview
| Project | Green Hydrogen Project |
| Partnership | CanAm Texas Regional Center, LP IV |
| Borrower | ZeroPark I LLC |
| Total EB-5 Loan Amount | $100 million |
| Number of Investors | 125 |
What New Fortress Energy EB-5 Investors Need to Know
NFE has been engaged for several months in complex negotiations with its principal creditors to develop a consensual plan to restructure its corporate debt. NFE’s financial challenges stem from broader capital markets conditions and company-level financial decisions that could not reasonably have been anticipated at the time the EB-5 investment was underwritten.
This restructuring effort is NFE’s top corporate priority across its substantial global portfolio. It is not specific to ZeroPark Infrastructure or the Green Hydrogen Project. These discussions are ongoing and subject to negotiation, documentation, and stakeholder approval. The ultimate structure, timing, and outcome cannot yet be predicted with certainty.
How CanAm Enterprises Is Protecting NFE EB-5 Investors
CanAm Enterprises is not standing by passively. We have taken, and continue to take, concrete and proactive steps on behalf of our investors.
Legal Representation CanAm Enterprises has retained an AmLaw 20 law firm with nationally recognized restructuring and creditor-rights expertise to actively monitor the restructuring proceedings, analyze potential impacts on the EB-5 financing, and advise on strategic options to protect investor interests. CanAm and its legal advisors have taken, and will continue to take, all appropriate actions to preserve and enforce our rights under the EB-5 financing documents to the fullest extent possible.
Independent Project Analysis CanAm has engaged a leading global consulting firm specializing in energy and infrastructure, with deep experience advising on complex infrastructure assets, to evaluate contingency planning and the optimal path forward for Project completion. Their advisors are actively reviewing the Project’s business plan, capital requirements, tax credit incentives, offtake agreements, electricity supply agreements, and conversion and storage costs, in order to identify and assess all strategic options to complete the Project.
Direct Engagement with NFE CanAm Enterprises maintains regular, direct contact with NFE’s senior leadership and is actively monitoring all developments as the restructuring process evolves.
Key Project Asset: Grandfathered 45V Tax Credits
One of the most significant assets of this Project is its grandfathered eligibility for Section 45V Credits under the U.S. Inflation Reduction Act, the green hydrogen production tax credit of up to $3/kg. Because meaningful progress has already been made on major fabricated equipment for the Project, we have been advised that it has met the applicable safe harbor requirements and that these credits remain available. New green hydrogen projects initiated today would not be eligible for these incentives. A completed facility with locked-in, long-term tax incentives represents a highly compelling investment proposition. Our independent advisors are also evaluating eligibility under upcoming EU incentives that could further broaden the Project’s market opportunity.
CanAm Enterprises NFE Update: Path Forward
CanAm Enterprises’ foremost priorities are facilitating the completion of the ZeroPark Infrastructure project to create the requisite jobs for investor visa eligibility, and the successful return of investors’ EB-5 capital. We are evaluating all viable options that would allow the Project to proceed, either with NFE or, if circumstances require, with an alternative development or capital partner.
Once NFE’s senior secured creditors agree to a restructuring plan, we will have greater clarity on the options realistically available to us. We are preparing now so that when the path forward becomes clear, we can act quickly and decisively.
About CanAm Enterprises
CanAm Enterprises is one of the largest and most established EB-5 regional center operators in the United States, with a track record spanning over three decades and more than 60 successfully completed EB-5 projects. We have the experience, the resources, and the determination to navigate complex situations on behalf of our investors.
Our Commitment to Transparency
We recognize that recent developments have created uncertainty. CanAm Enterprises is committed to providing EB-5 investors with material updates in a timely and direct manner as developments occur. We will continue to communicate proactively as the restructuring process progresses.
This page will be updated as new information becomes available.
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*No offer to sell any security is made by this website. Offerings will be made pursuant to exemptions from registration requirements set out in applicable securities laws. Prospective investors should take note of the risk factors described therein. Past performance is not indicative of future results.
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