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Usine biogaz -

Xebec and the Fonds de solidarité FTQ launch an investment fund to increase production of renewable natural gas in Québec

Xebec and the Fonds will each initially invest $10 million into the partnership. Over time, Xebec and the Fonds expect that the partnership could receive an aggregate $100 million in equity capital from Xebec, the Fonds and other investors. Xebec and the Fonds’ initiative could, with a 75:25 debt to equity ratio, fund 12 to 15 renewable natural gas projects in Québec with an aggregate investment of $400 million over the next decade. The general partner, GNR Québec Capital Management Inc., overseen by a Board of Directors nominated by Xebec and the Fonds will be managing the partnership.

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Gérard Mounier Adm.A., Président directeur général chez GNR Québec Capital

GNR Québec Capital Announces the Appointment of Gérard Mounier as President and General Manager

Resulting from a partnership announced on June 1st between Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, and the Fonds de solidarité FTQ (the “Fonds”), GNR Québec Capital is an innovative fund that provides developers and partners with access to capital and expertise to develop and operate facilities that treat and convert organic waste into renewable natural gas and biofertilizers.

Read the news
Usine biogaz -

Xebec and the Fonds de solidarité FTQ launch an investment fund to increase production of renewable natural gas in Québec

Xebec and the Fonds will each initially invest $10 million into the partnership. Over time, Xebec and the Fonds expect that the partnership could receive an aggregate $100 million in equity capital from Xebec, the Fonds and other investors. Xebec and the Fonds’ initiative could, with a 75:25 debt to equity ratio, fund 12 to 15 renewable natural gas projects in Québec with an aggregate investment of $400 million over the next decade. The general partner, GNR Québec Capital Management Inc., overseen by a Board of Directors nominated by Xebec and the Fonds will be managing the partnership.

Read the news
Gérard Mounier Adm.A., Président directeur général chez GNR Québec Capital

GNR Québec Capital Announces the Appointment of Gérard Mounier as President and General Manager

Resulting from a partnership announced on June 1st between Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, and the Fonds de solidarité FTQ (the “Fonds”), GNR Québec Capital is an innovative fund that provides developers and partners with access to capital and expertise to develop and operate facilities that treat and convert organic waste into renewable natural gas and biofertilizers.

Read the news

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