Strategic growth financing · Climate tech
Kanin Energy secures commitments for up to $100m in equity
S2G Investments and Canada Growth Fund each committed up to $50m for industrial power projects.
Kanin Energy secured up to $100 million in new equity financing, with commitments of up to $50 million each from S2G Investments and Canada Growth Fund.
The company will develop, construct and operate waste-heat-to-power and on-site industrial power projects in Canada and the United States. Its portfolio includes an operating facility and projects under construction.
Use of funds
Develop, construct and operate waste-heat-to-power and on-site industrial power projects in Canada and the United States
Funding history
Strategic growth financing · This round≤$100M