CALGARY, AB (July 29, 2021) NGIF Cleantech Ventures, a Canadian venture capital fund investing in cleantech innovation in the natural gas sector, today announced its inaugural investment: scale-up capital in ThermoLift. NGIF Cleantech Ventures’ investment will accelerate the commercialization of ThermoLift’s flagship fuel-flexible natural gas and hydrogen enabled heat pump that can meet three energy needs – water heating, space …
NGIF Cleantech Ventures Successfully Completes Second Close, Grows to $50 Million
CALGARY, AB (July 26, 2021) NGIF Cleantech Ventures (the Fund) completed its second close of the year earlier this month. The Fund conducted a first close of $35 million in April and in the subsequent 12 weeks raised an additional $15 million. The Fund’s second close adds additional committed capital from ARC Resources Ltd., Tidewater Midstream and Infrastructure Ltd., and …
NGIF Capital Corporation Announces $35M Cleantech Venture Fund for Canada’s Natural Gas Sector
OTTAWA, ON (April 1, 2021) NGIF Capital Corporation announces an agreement among investors to launch NGIF Cleantech Ventures. This new equity fund will invest in cleantech enterprises with solutions that lead to emissions reductions in existing natural gas production, transmission, distribution, storage or end-use applications; or through the production of renewable gases such as renewable natural gas (RNG) or hydrogen. …