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RBC partners with CT REIT on decarbonizing leased retail locations

2 days ago

RBC, CT REIT partner to decarbonize leased retail locations

RBC (RY-T) will be working with CT REIT to reduce carbon emissions and waste from the Canadian retail branch spaces it leases from the Toronto-based retail property owner.

30% of GTHA light vans, trucks can be electrified today: report

Thirty per cent of light urban vans and trucks in the Greater Toronto and Hamilton Area (GTHA) are best suited to being swapped for battery-electric versions today, according to a report by the Pembina Institute.

Innergex, MMBC close financing for Quebec wind project

Innergex Renewable Energy Inc. (INE-T) and the Mi'gmawei Mawiomi Business Corporation (MMBC) have closed financing for the construction and operation of a 102-megawatt wind project in Quebec.

Invenergy closes $1.1B financing for 350 MW wind farm

Toronto-based Invenergy and the Alliance de l’énergie de l’Est, a consortium of 209 municipalities and territories in eastern Quebec, have closed $1.1 billion in financing for the 350-megawatt (MW) Pohénégamook-Picard-Saint-Antonin-Wolastokuk 1 Wind Energy Centre.

Brookfield Renewable plans $250M green bond offering

Brookfield Renewable Partners LP (BEP-UN-T), a platform with around 45 gigawatts of assets, on Tuesday unveiled plans to issue green subordinated hybrid notes, aiming to raise $250 million to repay debt and fund green energy investments.

Eavor secures $138M to advance global geothermal push

Calgary-based geothermal company Eavor Technologies has received a financing commitment of up to $138 million from the Canada Growth Fund. The deal includes an immediate $89 million investment and an additional $48 million, pending milestone achievements.

Heidelberg acquires Calgary concrete recycling business

Heidelberg Materials North America has acquired several concrete recycling assets from Concrete Crushers Inc., the largest concrete recycler in Calgary. The transaction includes a recycled aggregates yard in southeast Calgary and a contract crushing business with four mobile plants.

RegenEAU closes funding round for wastewater heat recovery

Levis, Que.-based RegenEAU has announced the closing of an oversubscribed funding round of $3.1 million to scale the deployment of its domestic hot water production system that harnesses residual heat from building wastewater. 

Ontario bulldozes green building standards

The Ontario government passed controversial legislation on Tuesday, stripping cities of the ability to set their own green building standards. Currently, at least 14 municipalities, including Toronto and Hamilton, have policies requiring new buildings to meet higher environmental performance benchmarks.

Offshore renewables bill comes into force in N.L.

The federal government, in partnership with Newfoundland and Labrador, announced this week the coming into force of legislation that paves the way for developing offshore renewable energy in Canada’s easternmost province.

Free the market for renewable energy in Alberta

OPINION: Alberta’s clean energy sector is in retreat. In 2024, the number of renewables projects in the province’s connection queue shrunk for the first time, meaning more projects were cancelled than proposed.

Carney slammed for promoting 'decarbonized' oil pipelines

The co-chair of the federal government’s climate action advisory group is slamming Prime Minister Mark Carney for using fossil fuel “marketing speak” at Monday’s summit with provincial leaders, when he endorsed the idea of building new pipelines for “decarbonized” oil.

There is trouble ahead for Canada’s EV goals

Forty-two per cent of respondents who don’t own an electric vehicle (EV) told an AutoTrader survey they would consider one for their next purchase, down from a high of 68 per cent in 2022.

B.C. mass timber home shows potential of green building tech

The truly remarkable thing about Tom Grimmer's house is that it isn't just some modular home that was trucked in and assembled on site. This, according to Grimmer, is the only mass timber Passive House on Vancouver Island. 

Investors moving away from ESG as 'an umbrella concept'

While institutional asset owners, such as pension funds and insurers, say they remain committed to sustainable investing, they’re less wedded to environmental, social and governance (ESG) as “an umbrella concept”.

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