Symbio Infrastructure (“Symbio”) and Siemens Energy announced that they have entered into an agreement whereby Siemens Energy will provide engineering services, comprehensive lifecycle equipment and technology solutions, and further carbon emission footprint reduction solutions for Symbio’s subsidiary GNL Quebec’s carbon-neutral Énergie Saguenay liquefied natural gas (“LNG”) project in Quebec, as well as Symbio’s subsidiary Gazoduq’s carbon-neutral natural gas transmission line project between Ontario and Quebec. Énergie Saguenay’s 10.5 MTPA LNG export facility will be powered by nearby renewable hydroelectricity and is expected to set a global standard for carbon-neutral LNG production. Fed by Gazoduq’s carbon-neutral natural gas transmission line, Énergie Saguenay plans to operate the lowest carbon-intensity LNG plant in the world. Under the agreement, Siemens Energy will provide its portfolio of greener solutions for rotating equipment, electrical, and digital infrastructure. Furthermore, the Parties will work together to explore green hydrogen development opportunities as a new potential investment initiative to be considered by Symbio. Governments around the world are prioritizing decarbonization and accelerating the energy transition to combat global climate change. Symbio and Siemens Energy are aligned in their environmental stewardship and commitments to develop innovative infrastructure that helps meet these goals. In addition, Siemens Energy and Symbio envision the alliance aligning with the principles included in the March 2021Energy Partnership between Germany and Canada to advance their respective net-zero aspirations.