Proceedings.

WEGH2 Group

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Proceeding
CCAAs. 11 of the CCAA
File
2026 01G 1079
Filings held61
Last activity21 Jul 2026
On the record207 days
Secured debt$50M
OverviewSummary updated

World Energy GH2 Inc., WEGH2 Holdings Inc., WEGH2 GP Inc., World Energy GH2 Limited Partnership, Vinking Industrial Inc., Vinking Marine Enterprises Inc., Port of Stephenville Holdings and Port Harmon Authority Ltd. — together the WEGH2 Group — obtained a CCAA initial order in the Supreme Court of Newfoundland and Labrador, court file 2026 01G 1079, on February 27, 2026, with Grant Thornton Limited as Monitor. Export Development Canada is a secured creditor of the WEGH2 Group for $50,000,000 as of March 3, 2026. An internal creditor listing of the same date shows World Energy GH2 Limited Partnership owing $12,551,880 to World Energy GH2 Inc., $10,586,154 to the Newfoundland Exchequer, and $15,000,000 in shareholder loans; World Energy GH2 Inc. itself owes Royal Bank of Canada $15,000,000; and Port of Stephenville Ltd. owes World Energy GH2 Limited Partnership $22,389,263.

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Case updates57 dated entries · 5 undated
#Order

The WEGH2 Group obtained a CCAA initial order, granted February 27, 2026, appointing Grant Thornton Limited as Monitor.

Source: Draft Initial Order

#Order

WEGH2 Group — CCAA filed, Newfoundland and Labrador.

Undated filings5 — no date appears on the document · show
Order

Draft Sealing Order Interim order granted

PDF

Order

Group Initial Order Revised Initial order

PDF

Order

Redline of Initial Order Initial order

PDF

Order

WEGH2 SISP - NDA Sale process approved

PDF

Order

WEGH2 SISP - Procedures Sale process approved

PDF

Parties

Debtor

WEGH2 Group

Monitor

Doane Grant Thornton

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredExport Development Canada · in 99 casesdebtor: WEGH2 Group · as of 3 Mar 2026$50MCreditor Listing as of March 3, 2026
8UnsecuredWorld Energy GH2 Limited Partnershiprelated party indebtedness; parent/affiliate — debtor: Port of Stephenville Ltd. · as of 3 Mar 2026$22.4MCreditor Listing as of March 3, 2026
8UnsecuredShareholder loans (various) · in 7 casespossibly related party; document lists under Trade and Other Creditors, aggregate figure for various shareholders — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$15MCreditor Listing as of March 3, 2026
8UnsecuredRoyal Bank of Canada · in 556 caseslisted under trade/other creditors without security noted; classification per document — debtor: World Energy GH2 Inc. · as of 3 Mar 2026$15MCreditor Listing as of March 3, 2026
8UnsecuredWorld Energy GH2 Inc.related party indebtedness; parent/affiliate — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$12.6MCreditor Listing as of March 3, 2026
8UnsecuredNewfoundland Exchequer · in 4 casespossible provincial/regulatory claim — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$10.6MCreditor Listing as of March 3, 2026
8UnsecuredSK Ecoplantrelated party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1.8MCreditor Listing as of March 3, 2026
8UnsecuredRBC Dominion Securities Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1.5MCreditor Listing as of March 3, 2026
8UnsecuredArup Canada Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1.44MCreditor Listing as of March 3, 2026
8UnsecuredGreen Giraffe Advisory LLClisted as USD amount within CAD-headed table — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1.36M USDCreditor Listing as of March 3, 2026
8UnsecuredK&D Pratt Group Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1.07MCreditor Listing as of March 3, 2026
8UnsecuredHorizon Maritime Services Ltddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$738KCreditor Listing as of March 3, 2026
8UnsecuredTritenIAGdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$695KCreditor Listing as of March 3, 2026
8UnsecuredAltAir Paramount LLCrelated party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$507KCreditor Listing as of March 3, 2026
8UnsecuredMcCarthy Tetrault LLP · in 19 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$396KCreditor Listing as of March 3, 2026
8UnsecuredStephenville Dymond International Airport Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$282KCreditor Listing as of March 3, 2026
8UnsecuredWMG Services LLCrelated party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$274KCreditor Listing as of March 3, 2026
8UnsecuredMcInnes Cooper · in 7 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$269KCreditor Listing as of March 3, 2026
8UnsecuredLGL Limited · in 2 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$240KCreditor Listing as of March 3, 2026
8UnsecuredSchneider Electric Systems Canada Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$205KCreditor Listing as of March 3, 2026
8UnsecuredTWD Technologies Ltddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$200KCreditor Listing as of March 3, 2026
8UnsecuredTown of Stephenville · in 3 casesdebtor: Port Harmon Authority Ltd. · as of 3 Mar 2026$187KCreditor Listing as of March 3, 2026
8UnsecuredBreton Airdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$183KCreditor Listing as of March 3, 2026
8UnsecuredHorizon Maritime Services Ltddebtor: Port Harmon Authority Ltd. · as of 3 Mar 2026$179KCreditor Listing as of March 3, 2026
8UnsecuredPaladin Security Group Ltd · in 2 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$177KCreditor Listing as of March 3, 2026
8UnsecuredIndependent Project Analysisdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$165KCreditor Listing as of March 3, 2026
8UnsecuredEcoengineering Canada Ltdrelated party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$151KCreditor Listing as of March 3, 2026
8UnsecuredDNV Canada Ltddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$108KCreditor Listing as of March 3, 2026
8UnsecuredSunlake Co., Ltd.related party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$102KCreditor Listing as of March 3, 2026
8UnsecuredTown of Stephenville · in 3 casesmunicipal taxes may be preferred, not specified as such here — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$101KCreditor Listing as of March 3, 2026
8UnsecuredJenniker Holdings Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$100KCreditor Listing as of March 3, 2026
8UnsecuredQalipu First Nationdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$84.6KCreditor Listing as of March 3, 2026
8UnsecuredDexter Construction Company Limiteddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$76.8KCreditor Listing as of March 3, 2026
8UnsecuredHatch Ltd · in 4 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$67.8KCreditor Listing as of March 3, 2026
8UnsecuredMaple Leaf Strategies Incdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$63.6KCreditor Listing as of March 3, 2026
8UnsecuredBarr Engineering and Environmental Science Canada Ltddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$56.8KCreditor Listing as of March 3, 2026
8UnsecuredOracle Canada ULC · in 21 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$54.5KCreditor Listing as of March 3, 2026
8UnsecuredVenor Recruitment Limited · in 2 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$47KCreditor Listing as of March 3, 2026
8UnsecuredCFFI Ventures Inc.related party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$46KCreditor Listing as of March 3, 2026
8UnsecuredCaraveldebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$34.5KCreditor Listing as of March 3, 2026
8UnsecuredErnst & Young LLP · in 28 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$33.1KCreditor Listing as of March 3, 2026
8UnsecuredNorton Rose Fulbright · in 14 casesdebtor: World Energy GH2 Inc. · as of 3 Mar 2026$32.6KCreditor Listing as of March 3, 2026
8UnsecuredLandmark Surveys & Engineering Limiteddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$30KCreditor Listing as of March 3, 2026
8UnsecuredPower Advisory LLCdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$27.9KCreditor Listing as of March 3, 2026
8UnsecuredOmega 365 Canada Inc · in 2 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$26.5KCreditor Listing as of March 3, 2026
8UnsecuredMeridia Recruitment Solutionsdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$23KCreditor Listing as of March 3, 2026
8UnsecuredCox & Palmer · in 11 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$22.7KCreditor Listing as of March 3, 2026
8UnsecuredAtlas Pathfinder LLCdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$19KCreditor Listing as of March 3, 2026
8UnsecuredParamount Pipelinerelated party indebtedness — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$12.9KCreditor Listing as of March 3, 2026
8UnsecuredM5 Marketing Communicationsdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$8.85KCreditor Listing as of March 3, 2026
8UnsecuredTELUS Communications Inc · in 6 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$6.12KCreditor Listing as of March 3, 2026
8UnsecuredTown of Stephenville · in 3 casesdebtor: World Energy GH2 Inc. · as of 3 Mar 2026$1.43KCreditor Listing as of March 3, 2026
8UnsecuredNCD Consultingdebtor: Port Harmon Authority Ltd. · as of 3 Mar 2026$426Creditor Listing as of March 3, 2026
8UnsecuredRCL Branch 38debtor: World Energy GH2 Inc. · as of 3 Mar 2026$150Creditor Listing as of March 3, 2026
8UnsecuredContainerized Sanitation Limiteddebtor: Port Harmon Authority Ltd. · as of 3 Mar 2026$121Creditor Listing as of March 3, 2026
8UnsecuredPhoneTech Voice & Data Ltddebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$52Creditor Listing as of March 3, 2026
8UnsecuredWorkplaceNL · in 4 casesregulatory workers' compensation body — debtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
8UnsecuredTown of Stephenville · in 3 casesdebtor: Vinking Marine Enterprises Inc. · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
8UnsecuredAlter Expo Exhibitiondebtor: World Energy GH2 Inc. · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
8UnsecuredCanada Revenue Agency · in 926 casesdeemed trust / quasi-governmental claim, nominal amount — debtor: World Energy GH2 Inc. · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
8UnsecuredBay St. George Chamber of Commercedebtor: World Energy GH2 Inc. · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
8UnsecuredGovernment of Newfoundland and Labrador · in 2 casesdebtor: Vinking Marine Enterprises Inc. · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
8UnsecuredTown of Stephenville Crossing · in 2 casesdebtor: World Energy GH2 Limited Partnership · as of 3 Mar 2026$1Creditor Listing as of March 3, 2026
Sale processAs stated in the filings

Sale process approvedSISP process approved with Monitor conducting the sale process, still in progress as of this reportFurther Supplemental to the Third Report of the Monitor dated July 21,… · 21 Jul 2026

RecoveriesAs stated in the filings

Unsecured creditors: no recovery.EstimatedThird Report of the Monitor · 8 Jun 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredcreditors subordinated to EDCno recoveryconditionalEstimatedper the monitorThird Report of the Monitor · 8 Jun 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Documents
61 filings
DateDocumentFile
Further Supplemental to the Third Report of the Monitor dated July 21, 2026
  • Sale outcome Sale process approved — SISP process approved with Monitor conducting the sale process, still in progress as of this report
PDF
WEGH2 SISP - Solicitation LetterPDF
Revised Draft SISP dated July 3, 2026PDF
Cash Flow Forecast dated July 2, 2026PDF
Draft Interim Financing Term SheetPDF
Supplemental Third Report of the Monitor dated June 25, 2026
  • Sale outcome Sale process approved — The Monitor recommends that a SISP be approved to canvass the market for the Companies' assets, property and undertaking.
PDF
Supplemental Affidavit of Brian Craig dated June 24, 2026PDF
Supplemental Memorandum of Fact and Law dated June 24, 2026PDF
Affidavit of Richard Hugh dated June 19, 2026PDF
Letter to Court dated June 19, 2026PDF
Memorandum dated June 19, 2026PDF
Memorandum of Fact and Law dated June 19, 2026PDF
Affidavit of Brian Craig dated June 9, 2026PDF
Letter to the Court dated June 9, 2026PDF
Memorandum of Fact and Law dated June 9, 2026PDF
Blackline Sales and Investment Solicitation Process OrderPDF
Cover Letter to the Court dated June 8, 2026PDF
Draft Monitor's Powers Expansion OrderPDF
Draft SISP OrderPDF
Draft Sales and Investment Solicitation OrderPDF
Draft Sales and Investment Solicitation Process OrderPDF
Further Affidavit of Richard Hugh dated June 8, 2026PDF
Letter to Court dated June 8, 2026PDF
Memorandum Sealing Order dated June 8, 2026PDF
Notice of Motion dated June 8, 2026PDF
Responding Memorandum dated June 8, 2026PDF
Supplemental Brief dated June 8, 2026PDF
Third Report of the Monitor dated June 8, 2026
  • Recovery outcome Entries: per estimated · Stated on: 2026-06-08 · Table missing:
PDF
Interlocutory Application dated June 5, 2026PDF
Affidavit of Richard Hugh dated June 4, 2026PDF
Notice of Motion dated June 4, 2026PDF
Second Report of the Monitor dated April 22, 2026PDF
Cover Letter dated April 21, 2026PDF
Notice of Motion dated April 21, 2026PDF
Supplemental Affidavit of Richard Hugh dated April 21, 2026PDF
Supplemental Affidavit of Richard Hugh -Exhibit BPDF
Draft Amended and Restated Initial OrderPDF
Draft Further Amended and Restated Initial OrderPDF
First Report of the Monitor dated March 6, 2026PDF
Letter to the Court dated March 4, 2026PDF
Memorandum of Fact and Law dated March 4, 2026PDF
Notice of Motion dated March 4, 2026PDF
Supplemental Affidavit of Richard Hugh dated March 4, 2026PDF
Creditor Listing as of March 3, 2026
  • Secured creditors $50M · Page: 2 · As of: 2026-03-03 · Debtor: WEGH2 Group · Creditor: Export Development Canada
  • Unsecured creditors $507K · Note: related party indebtedness · Page: 2 · As of: 2026-03-03 · Basis: Internal Creditor Listing as reported · Debtor: World Energy GH2 Limited Partnership · Creditor: AltAir Paramount LLC
PDF
Notice to Creditors dated March 3, 2026PDF
Initial Order dated March 2, 2026
  • Applicant World Energy GH2 Inc., WEGH2 Holdings Inc., WEGH2 GP Inc., World Energy GH2 Limited Partnership, Vinking Industrial Inc., Vinking Marine Enterprises Inc., Port of Stephenville Holdings and Port Harmon Authority Ltd.
  • Appointee Grant Thornton Limited
  • Appointee role monitor
  • Commencement date 27 February 2026
  • + 3 more extracted facts
PDF
Draft Initial Order
  • Applicant World Energy GH2 Inc., WEGH2 Holdings Inc., WEGH2 GP Inc., World Energy GH2 Limited Partnership, Vinking Industrial Inc., Vinking Marine Enterprises Inc., Port of Stephenville Holdings and Port Harmon Authority Ltd. ("WEGH2 Group")
  • Appointee Grant Thornton Limited
  • Appointee role monitor
  • Commencement date 27 February 2026
  • + 3 more extracted facts
PDF
Affidavit of Richard Hugh dated February 26, 2026PDF
Affidavit of Sharmain Medekwe dated February 26, 2026PDF
Cover Letter to the Court dated February 26, 2026PDF
Letter to the Court dated February 26, 2026PDF
Management Report of CashflowPDF
Memorandum of Fact and LawPDF
Memorandum of Fact and Law dated February 26, 2026PDF
Notice of Application dated February 26, 2026PDF
Registered Mortgage DocumentPDF
Draft Sealing Order
  • Applicant World Energy GH2 Inc., WEGH2 Holdings Inc., WEGH2 GP Inc., World Energy GH2 Limited Partnership, Vinking Industrial Inc., Vinking Marine Enterprises Inc., Port of Stephenville Holdings, Port Harmon Authority Ltd.
  • Court IN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR
  • Court file no 2026 01G 1079
  • Statutory basis Rule 49.14 of the Rules of the Supreme Court, 1986 and the inherent jurisdiction of this Honourable Court
PDF
Group Initial Order RevisedPDF
Redline of Initial OrderPDF
WEGH2 SISP - NDAPDF
WEGH2 SISP - ProceduresPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “WEGH2 Group” (CCAA), Supreme Court of Newfoundland and Labrador. Retrieved 20 September 2026, https://proceedings.ca/case/wegh2-group

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/wegh2-group

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.