Vema Hydrogen has expanded its Canadian leadership team with the appointments of Stephane Dallaire as Chief Financial Officer and François Marquis as Operations Superintendent as the company advances pilot testing of its hydrogen technology.
Based in Quebec, Dallaire will oversee Vema’s global financial operations, capital strategy and fundraising initiatives as the company works toward commercializing and deploying its Engineered Mineral Hydrogen technology internationally.
Dallaire has more than 25 years of experience in corporate finance, capital markets, private equity, M&A and strategic transactions, with a focus on renewable energy and technology.
Most recently, he led the public listing of Canadian clean hydrogen producer CHARBONE Hydrogen. He previously held senior positions at Keira Capital Partners and Fidenti Global Partners.
Marquis will focus on Vema’s field operations and pilot-scale hydrogen development program in Quebec.
The appointments come as Vema expands its relationships in Canada’s hydrogen sector. The company has signed memoranda of understanding with sustainable aviation fuel developer SAF+ International Group and CHARBONE Hydrogen and has joined Hydrogène Québec.
Vema’s technology is designed to produce low-carbon hydrogen through engineered mineral processes, and the company sees Canada as an important market for the commercialization and deployment of the platform.
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“Canada has the technical expertise, industrial capability and policy environment to play an important role in low-carbon hydrogen. Vema’s approach combines compelling production economics with the potential for large-scale deployment. I’m excited to help the company strengthen its financial foundation, advance commercialization and accelerate growth in Canada and internationally.”
Stephane Dallaire, CFO of Vema Hydrogen
“Canada’s rich industrial history, strong talent pool, ideal geologic conditions and ripe offtake market make it an incredibly important region of focus for us. Not only will Stephane spearhead our capital raising initiatives, but he will also bolster the company’s presence in Canada, which we see as pivotal to the deployment of low-carbon Engineered Mineral Hydrogen across North America.”
Pierre Levin, CEO of Vema Hydrogen
