Announcement
13 Feb 2025
In February 2025, the Canada Growth Fund announced it is providing up to USD 200 million in financing to Hydrostor to support the deployment of its energy storage projects in Canada and globally.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
13 Feb 2025
Revocation date:
No revocation date
Updated: 13 Feb 2025
State loan
In force
On 13 February 2025, the Canada Growth Fund (CGF) made available an additional USD 50 million convertible development expenditure loan facility to Hydrostor. This facility is specifically allocated...
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Updated: 13 Feb 2025
State loan
In force
On 13 February 2025, the Canada Growth Fund (CGF), along with Goldman Sachs Alternatives and Canada Pension Plan Investment Board (CPP Investments), committed USD 150 million in convertible note fi...
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