Avenue Living gets CIB funds for $150M in building retrofits

BIZ  Real Estate  •  Apartments, Infrastructure, Investment  •  National

Avenue Living Asset Management has secured Canada Infrastructure Bank (CIB) funding for $150 million in sustainable retrofit projects in lower-density residential buildings across Western Canada.

Edmonton buys 78 MW of wind power from Capstone

BIZ  Energy  •  Clean Energy, Technology  •  Edmonton, Alberta

Capstone Infrastructure Corp. has inked a 78 MW renewable attributes purchase agreement (RAPA) with the City of Edmonton for over 20 years, to be supplied by its 192 MW Wild Rose 2 Wind Farm.

IFRS plans Montreal sustainability centre

BIZ  ESG  •  Investment  •  Greater Montreal

The International Financial Reporting Standards (IFRS) Foundation has signed a memorandum of understanding with the federal government and Montreal International to obtain funding for a sustainability standards centre.

Nexiite chosen to rebuild 2 homes in fire-ravaged Lytton

BIZ  Real Estate  •  Technology  •  British Columbia

Fire-resistent qualities in a new form of concrete called Nexiite, which is already recognized for its sustainability, has made it the material of choice to rebuild two homes in the fire-ravaged B.C. town of Lytton.

SOFIAC offers energy efficiency across Canada

Energy  •  Energy Manager

Previously a Quebec-only player, SOFIAC announced it will now offer its financial and technical resources for energy efficiency measures in commercial and industrial sector businesses across Canada.

$300M battery project proposed for Prince Township

Real Estate  •  SooToday

Sault Ste. Marie city council expressed support Monday for a massive battery storage system planned by Evolugen, the Canadian operating business of Brookfield Renewable.

Que. to host $91M carbon-neutral drywall plant

Real Estate  •  Daily Commercial News

Saint-Gobain is investing $91 million at its sprawling CertainTeed drywall manufacturing facility near Montreal to increase production capacity by 40 per cent and transform it into the first carbon-neutral drywall plant in North America.

How many EV chargers Canada actually needs

Transportation  •  Electric Autonomy

Everyone agrees Canada needs more electric vehicle chargers. But competing narratives, conflicting policy motives and incomplete data are clouding the debate about how many are enough and when and how we are going to get there.

Saskatchewan, Ontario to roll out mini-nuclear reactors

Real Estate  •  Western Investor

Saskatchewan and Ontario have each chosen GE-Hitachi as the supplier of small modular nuclear reactors, which could be deployed in the Prairie province by the 2030s and in Ontario by 2028.

Westport lands $50 million deal for LPG systems

Real Estate  •  Business In Vancouver

Westport Fuel Systems Inc. has landed a contract, valued at $49.6 million, with an undisclosed original equipment manufacturer to provide propane systems for vehicles in Europe.

CDPQ raises stake in Apraava Energy to 50%

Energy  •  Renewables Now

Canadian investment group Caisse de depot et placement du Quebec (CDPQ) has raised its stake in India’s Apraava Energy to 50 per cent following an agreement that will make the Mumbai-based renewables and power transmission business a 50/50 joint venture.

Proxy season sees rise in ESG support: Morningstar

ESG  •  Investment Executive

The number of shareholder resolutions that address environmental and social issues jumped this proxy season, as did investor support for these proposals, according to a new report from Morningstar.

New fund framework clears up ESG: advisors

ESG  •  Investment Executive

A new responsible investing framework from the Canadian Investment Funds Standards Committee will save advisors time and provide a new tool to help clients understand the approaches used in ESG funds, advisors say.

Xpansiv takes $400M funding from Blackstone

Carbon  •  Carbon Credits

Reliability drives microgrid adoption: Piller Power

Energy  •  Microgrid Knowledge

GreenBiz’s Q2 startup roundup

Energy  •  Green Biz

Green Biz reviews this year’s second-quarter developments in the food and agriculture industry from startups in regenerative agriculture, alternative proteins, carbon markets and fieldless farming.

UK adds 10 GW of renewables to grid

Energy  •  The Energy Mix

The United Kingdom will add 10 gigawatts (GW) of renewable energy capacity to its power grid at one-quarter the cost of fossil gas after concluding its biggest-ever auction for new renewable supplies.

Europe turns to coal amid heat wave

Real Estate  •  Bloomberg  •  Globe and Mail  •  Globe and Mail

Germany sets emergency plans after missing CO2 goals

Real Estate  •  Globe and Mail

German ministries presented emergency programs on Wednesday to cut transport and construction emissions after the two sectors missed their 2021 carbon-dioxide reduction targets, threatening Germany’s overall 2030 climate goals.