Canada Growth Fund Announces First Carbon Contract for Difference

Dec 20, 2023 | Announcements

Congratulations to our subsidiary, the Canada Growth Fund, who announced today a groundbreaking investment of $200 million in Entropy, a Calgary-based developer of technologically-advanced carbon capture and sequestration projects with the potential to significantly reduce emissions in Canada and worldwide. This investment is important because it is the world’s first carbon credit offtake agreement of its kind, and it positions Canada as a pioneer in strengthening carbon markets and providing predictability to businesses engaged in important emission-reducing projects.

Update on Canada Growth Fund: News Release