Enerkem closes $50 million financing round

June 21, 2013 |

In Canada, Enerkem has closed a CAD $50 million financing round. Investissement Quebec joined Waste Management of Canada, among other investors, as the company’s equity investment raised in 2013 now comes in at USD $87 million. Said Vincent Chornet, president and CEO of Enerkem, “As we are finalizing the construction of the Enerkem Alberta Biofuels facility in Edmonton and developing our next facilities, we take this new corporate equity investment as a vote of confidence in Enerkem’s growth strategy”.

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Category: International

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