Blue Star Helium has signed a lease agreement with Red-D-Arc, part of the Air Liquide group, for a generator package to be deployed its proposed Voyager development in Colorado.
Securing the power generator completes the acquisition phase of the principal plant components required for IACX to complete installation of the helium recovery plant in Q4.
Earlier this year, IACX Energy said it would supply and operate one of Blue Star Helium’s recovery plants. IACX will receive monthly payment from Blue Star Helium for its support and will not incur any capital costs associated with fabrication of the plant.
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