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Canada: Canada Growth Fund injects USD 40 million in dcbel to support commercialisation of bidirectional EV charger technology

Description

On 7 March 2025, the Canada Growth Fund (CGF) announced it would inject USD 40 million in dcbel Inc, a Montreal-based smart home energy platform company. This state aid is part of a larger financing r...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Mar 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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