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Altius to acquire Lithium Royalty for $521M

2 weeks ago

Altius to acquire Lithium Royalty for $521M

St. John’s-based mining royalty and development company Altius Minerals (ALS-T) has a definitive agreement to acquire Toronto-based Lithium Royalty Corp. (LIRC-T) for approximately $521 million in shares and cash, increasing its heft within the Canadian critical minerals sector.

WSP successfully closes $977.5M equity offering

Montreal-based engineering firm WSP Global Inc. (WSP-T), which services environmental and water projects, has completed its previously announced bought deal public offering of common shares of the corporation and private placement for aggregate gross proceeds of approximately $977.5 million.

PowerBank annouces $41M transaction

Toronto-based PowerBank Corporation (SUUN-Q) announced the sale of its Elmira, Jordan Road 1 and Jordan Road 2 solar power projects in New York state. The transaction is valued at approximately US$41 million.

Charbone starts delivering clean UHP hydrogen in Ontario

Brossard, Que.-based Charbone Corp. (CH-X) has announced the successful delivery of the first load of clean ultra high purity (UHP) hydrogen to an independent distributor based in Ontario, marking the official start of revenue generation for its production division.

U.S. carbon capture firm says Alberta makes sense

The chief executive of Mantel Capture, a U.S.-based carbon capture startup embarking on a project in Alberta’s oilsands, says Canada ticks a lot of the boxes needed to bring the emissions-reducing technology into widespread use. 

Hypercharge appoints new chief operating officer

Vancouver-based electric vehicle charger provider Hypercharge Networks Corp. (HC-X) has announced the appointment of Chris Koch as chief operating officer. Koch brings more than 20 years of senior sales and commercial leadership experience to the company.

California OKs Hydrostor energy storage project

The California Energy Commission gave final approval Friday to Toronto-based Hydrostor Inc.’s plan for a 500-megawatt, compressed-air energy storage project north of Rosamond. Construction is set to begin early next year.

Desjardins reports rising demand for responsible investing

According to its Annual Report on Responsible Investment, 44 per cent of Desjardins Funds investors were invested in Desjardins Sustainable Funds in 2023, up two per cent from the year before and well above the 24 per cent recorded in 2019.

'Too much regulation, not enough action': Carney on climate

Prime Minister Mark Carney says Canada has too much regulation and not enough investments in clean energy and technology — and he's making his most direct repudiation yet of his predecessor's environmental policies.

2025 was defined by uncertainty on climate policy

OPINION: After a come-from-behind victory by Mark Carney’s Liberals, the question ahead was: what will Canada’s climate-policy approach include and how effective will it be at reducing emissions and supporting competitiveness in an era of disruption spawned by Donald Trump?

Canada's top weather stories of 2025

Canada’s just experienced its second-worst wildfire season on record. In 2025, more than 8.9 million hectares burned. This follows 2023’s deadly and tragic wildfires that burned 16.1 million hectares. 

Why are clean energy advocates optimistic for 2026?

Surveyed by The Associated Press, experts described 2025 as turbulent and challenging for clean energy, though there was progress as projects connected to the grid. They said clean energy must continue to grow to meet skyrocketing demand for electricity.

The 10 biggest U.S. clean energy stories of 2025

This year in energy has been an absolute blur. We started with U.S. President Donald Trump’s declaration of a federal energy emergency, saw the gutting of clean-energy tax credits, and finished with an Election Day where affordability took centre stage.

EU walks back ban on gas car sales

The EU is scrapping its plan to ban all sales of new combustion-engine cars in a decade. The revised policy allows plug-in hybrids, hybrids and even combustion-engine vehicles to continue to be sold beyond 2035.

Real AI prompts for sustainability pros

If you’re among those who are yet to see proven value from artificial intelligence (AI) in your work, here are some useful prompts to get you started. Each is recommended by a sustainability professional who vouches for its usefulness.

8 climate books to add to your year-end reading list

The Bloomberg Green team has done its fair share of reading this year, and its journalists picked eight climate and environmental books they loved despite their weighty content. A few were positively uplifting.

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