CGF

CANADA GROWTH FUND ANNOUNCES FIRST CLEANTECH FUND COMMITMENT

Retrieved on: 
Monday, March 25, 2024
Growth, Partnership, CGF, ESG, Idealism, Transport, Investment, Ecosystem, Fund, Entropy, Renewable energy

MONTREAL, March 25, 2024 /CNW/ - Today, Canada Growth Fund Inc. ("CGF") announced a C$50M commitment to Idealist Climate Impact Fund LP (the "Fund"), a fund managed by Montreal-based Idealist Capital ("Idealist"), an investment manager pursuing commercialization stage growth equity investment opportunities in companies whose products, technologies and services are accelerating the energy transition.

Key Points: 
  • MONTREAL, March 25, 2024 /CNW/ - Today, Canada Growth Fund Inc. ("CGF") announced a C$50M commitment to Idealist Climate Impact Fund LP (the "Fund"), a fund managed by Montreal-based Idealist Capital ("Idealist"), an investment manager pursuing commercialization stage growth equity investment opportunities in companies whose products, technologies and services are accelerating the energy transition.
  • CGF's first investment in a cleantech fund is in keeping with its mandate to foster growth and innovation in the Canadian clean technology sector.
  • "Today's investment underscores CGF's strategic role in Canada's cleantech market, as a catalytic investor seeking to accelerate the growth of promising Canadian cleantech companies," said Patrick Charbonneau, President and CEO of the Canada Growth Fund Investment Management team ("CGFIM").
  • Idealist is an experienced team of investors with a track record of supporting the growth of cleantech businesses.

COSO and NACD Issue Request for Proposal to Develop Corporate Governance Framework and Application Guidance

Retrieved on: 
Wednesday, January 31, 2024
CGF, Knowledge, Future, Risk management, COSO, ERM, NACD, Corporation, Enterprise risk management, RFP, Committee, National Association, Audit

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- The Committee of Sponsoring Organizations of the Treadway Commission ( COSO ), in collaboration with the National Association of Corporate Directors ( NACD ), has issued a Request for Proposal (RFP) to develop a Corporate Governance Framework (CGF).

Key Points: 
  • NEW YORK, Jan. 31, 2024 /PRNewswire/ -- The Committee of Sponsoring Organizations of the Treadway Commission ( COSO ), in collaboration with the National Association of Corporate Directors ( NACD ), has issued a Request for Proposal (RFP) to develop a Corporate Governance Framework (CGF).
  • While other governance frameworks and standards exist worldwide, there is currently no authoritative guidance in the United States.
  • COSO is broadly recognized as an independent and authoritative body in the areas of internal control, risk management, governance, and fraud deterrence.
  • COSO, in collaboration with NACD, strives to develop a CGF, complementing and aligned with the existing COSO Internal Control (IC) and Enterprise Risk Management (ERM) frameworks.

Clever Girl Finance Awarded Status as an NFEC Distinguished Personal Finance Content

Retrieved on: 
Thursday, January 25, 2024
CGF, Woman, Professional, Certification, Ethics, Multimedia, Sharptooth, Nursing

NEW YORK, Jan. 25, 2024 /PRNewswire/ -- The National Financial Educators Council (NFEC) announced today that Clever Girl Finance, a personal finance platform for U.S. women, has successfully earned the NFEC's Distinguished Personal Finance Content designation.

Key Points: 
  • NEW YORK, Jan. 25, 2024 /PRNewswire/ -- The National Financial Educators Council (NFEC) announced today that Clever Girl Finance, a personal finance platform for U.S. women, has successfully earned the NFEC's Distinguished Personal Finance Content designation.
  • The Clever Girl Finance materials met the stringent requirements to pass all three criteria and earn the Distinguished Personal Finance Content recognition.
  • The National Financial Educators Council, an IACET Accredited Provider , recognizes personal finance content that makes significant contributions to providing quality personal finance education.
  • "We are proud to recognize Clever Girl Finance as a Distinguished Personal Finance Content," said Vince Shorb, the NFEC's CEO.

Canada Growth Fund Announces Strategic Investment in Entropy Inc. and Carbon Credit Offtake Commitment

Retrieved on: 
Thursday, December 21, 2023
Partnership, Public, Risk, Natural Resources, Sale, CGF, CCO, CCS, News, Investment, NEWS, TIER, AAV, Engineering, PSP, Growth, TSX, The Company, Partner (business rank), Renewable energy

CGF has agreed to a $200 million investment in Entropy coupled with a fixed-price carbon credit purchase agreement ("Carbon Credit Offtake Commitment" or "CCO") of up to one million tonnes per annum ("tpa").

Key Points: 
  • CGF has agreed to a $200 million investment in Entropy coupled with a fixed-price carbon credit purchase agreement ("Carbon Credit Offtake Commitment" or "CCO") of up to one million tonnes per annum ("tpa").
  • This strategic growth partnership represents an important new investment in Canadian carbon markets.
  • This financeable structure helps to de-risk and accelerate private CCS investment by establishing carbon price certainty for Canadian projects.
  • We welcome the additional capital and revenue certainty that the Canada Growth Fund is providing to enable Entropy's success."

CANADA GROWTH FUND ANNOUNCES STRATEGIC INVESTMENT IN ENTROPY INC AND CARBON CREDIT OFFTAKE COMMITMENT

Retrieved on: 
Wednesday, December 20, 2023
AB, Partnership, Public, Risk, Natural Resources, Sale, CGF, CCO, CCS, News, Investment, TIER, AAV, Engineering, PSP, Growth, TSX, The Company, Partner (business rank), Renewable energy

CGF has agreed to a $200 million investment in Entropy coupled with a fixed-price carbon credit purchase agreement ("Carbon Credit Offtake Commitment" or "CCO") of up to one million tonnes per annum ("tpa").

Key Points: 
  • CGF has agreed to a $200 million investment in Entropy coupled with a fixed-price carbon credit purchase agreement ("Carbon Credit Offtake Commitment" or "CCO") of up to one million tonnes per annum ("tpa").
  • This strategic growth partnership represents an important new investment in Canadian carbon markets.
  • This financeable structure helps to de-risk and accelerate private CCS investment by establishing carbon price certainty for Canadian projects.
  • We welcome the additional capital and revenue certainty that the Canada Growth Fund is providing to enable Entropy's success."

Capital Raise of $182 Million Confirms Eavor as the Leader in Scalable Geothermal

Retrieved on: 
Wednesday, October 25, 2023
Carbon, Geretsried, OMV AG, Microsoft, CGF, Temasek, Eversource Energy, National bank, National Bank of Canada, BDC, Lawyer, OMV, Renewable energy, Eavor Technologies

CALGARY, Alberta, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Eavor Technologies Inc., (“Eavor”) a pioneer in the field of advanced geothermal energy solutions today announces the successful completion of $182 million in financing.

Key Points: 
  • CALGARY, Alberta, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Eavor Technologies Inc., (“Eavor”) a pioneer in the field of advanced geothermal energy solutions today announces the successful completion of $182 million in financing.
  • This significant investment will enable Eavor to accelerate the development and deployment of its revolutionary geothermal technology.
  • The equity round was led by OMV AG, with participation from Canada Growth Fund (“CGF”), Japan Energy Fund, Monaco Asset Management and Microsoft’s Climate Innovation Fund.
  • The Eavor-Loop™ offers a game-changing solution by making geothermal energy accessible, scalable, and cost-effective virtually anywhere on Earth.

CANADA GROWTH FUND ANNOUNCES FIRST INVESTMENT

Retrieved on: 
Wednesday, October 25, 2023
PSP, Government, Public Sector Pension Investment Board, Intellectual property, AB, Government of Canada, Investment, CGF, Growth, Economic development, GHG, Public, Renewable energy, Pension fund, Eavor Technologies

Further to the transaction, the Government of Canada and the Public Sector Pension Investment Board ("PSP Investments") are pleased to provide an update to the market on the activities of the Canada Growth Fund.

Key Points: 
  • Further to the transaction, the Government of Canada and the Public Sector Pension Investment Board ("PSP Investments") are pleased to provide an update to the market on the activities of the Canada Growth Fund.
  • "PSP Investments is proud to have been selected to serve as the investment manager for the Canada Growth Fund," said Deborah K. Orida, President and CEO at PSP Investments.
  • Canada Growth Fund Investment Management Inc. ("CGF Investment Management"), a wholly-owned subsidiary of PSP Investments that will be acting as CGF's investment manager, announced its intention to appoint Patrick Charbonneau as its President and Chief Executive Officer.
  • "I am honoured to lead the Canada Growth Fund investment management team.

ENet launches new 4G/5G services in Guyana powered by Mavenir’s Cloud-Native IMS and Digital BSS

Retrieved on: 
Tuesday, July 11, 2023
Technology, Networks, Internet, Telecommunications, Cloud, CGF, Voice over LTE, PCRF, Computer network, Human, Multimedia, Converge, Quality, Human voice, MDE, ICT, Quality of service, IMS, Television, BSS, CCS, Policy, LTE, Ethernet, Video game, Mobile phone, Online shopping, Mavenir

ENet’s new network services are driven by Mavenir’s Cloud-Native IMS and Mavenir’s Digital Enablement Platform (MDE) – a Digital Business Support System (BSS) and Converged Charging System .

Key Points: 
  • ENet’s new network services are driven by Mavenir’s Cloud-Native IMS and Mavenir’s Digital Enablement Platform (MDE) – a Digital Business Support System (BSS) and Converged Charging System .
  • - Mavenir’s Digital Enablement (MDE) BSS Platform, that allows ENet to swiftly implement new services through a flexible, containerized BSS, facilitating automated design and testing.
  • Some of the key sub-systems from MDE BSS platform include:
    An App and Portal that enables ENet to provide a seamless digital self-service experience to their subscribers.
  • 4G+5G Converged Charging System (CCS), enabling ENet to evolve billing services and launch new prepaid mobile service packages.

Ignacio Gavilan Named Senior Director of Food Systems Partnerships at The Global FoodBanking Network

Retrieved on: 
Monday, July 10, 2023
Plastic, Consumer Goods Forum, CGF, Social inequality, Head, Anglo American, Accipiter, GFN, Climate change, BP, Sustainability, Social, Social responsibility, Hunger, Agriculture

Chicago, July 10, 2023 (GLOBE NEWSWIRE) -- The Global FoodBanking Network (GFN) is pleased to announce Ignacio Gavilan as the Senior Director of Food Systems Partnerships, bringing over 20 years of experience in advising businesses on sustainable supply chains, corporate relations, and environmental social governance.

Key Points: 
  • Chicago, July 10, 2023 (GLOBE NEWSWIRE) -- The Global FoodBanking Network (GFN) is pleased to announce Ignacio Gavilan as the Senior Director of Food Systems Partnerships, bringing over 20 years of experience in advising businesses on sustainable supply chains, corporate relations, and environmental social governance.
  • Gavilan will be the principal strategist and thought partner responsible for achieving the food recovery, food distribution, and nutritional diversity targets set forth in GFN’s Strategic Plan.
  • “The global food system is buckling under the weight of a growing global population, geopolitics and social inequality, poor health outcomes and a serious environmental crisis,” said Gavilan.
  • “After a rigorous search process, we are delighted to announce Ignacio’s selection as Senior Director of Food Systems Partnerships,” said Lisa Moon, President and CEO of GFN.

Canada Plastics Pact expands with new stakeholders committed to achieving a circular economy for plastics packaging

Retrieved on: 
Monday, April 3, 2023
Plastic, Interim, CGF, Partner, Apical, Feel Good Inc., Consumer Goods Forum, Golden, CPP, Restaurant, Environment, Recycling

OTTAWA, April 03, 2023 (GLOBE NEWSWIRE) -- Canada Plastics Pact (CPP) is pleased to welcome five new Signatory Partners in Q1 of 2023 who united under the CPP’s shared action plan to build a circular economy for plastics packaging in Canada.

Key Points: 
  • OTTAWA, April 03, 2023 (GLOBE NEWSWIRE) -- Canada Plastics Pact (CPP) is pleased to welcome five new Signatory Partners in Q1 of 2023 who united under the CPP’s shared action plan to build a circular economy for plastics packaging in Canada.
  • Apical has developed a reusable cannabis packaging system that cuts costs for licensed producers and manufacturers while reducing single-use waste.
  • Lantic Inc., a leading Canadian sugar and sweetener company, is dedicated to working with the plastics packaging ecosystem to minimize its environmental impact.
  • Through this collaboration, the CPP continues to work towards ambitious targets for circular plastics packaging in Canada, set out in its Roadmap to 2025 .