Global Trade Alert
Global Trade Alert

Canada: Canada Growth Fund, Investissement Quebec, and BDC Capital jointly commit CAD 145 million to MKB’s Third Energy Transition Fund

Announcement

22 Aug 2024

In August 2024, four Canadian public investment entities, including the Canada Growth Fund, Investissement Québec, and BDC Capital, announced a joint CAD 145 (USD 105.43) million commitment to MKB Partners Fund III, LP, an energy transition fund.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Aug 2024

Revocation date:

No revocation date

Updated: 26 May 2025
Financial investment support In force

On 22 August 2024, the Canada Growth Fund (CGF) committed up to CAD 50 (USD 36.35) million to MKB Partners Fund III, LP (Fund III), which will, in turn, invest equity in clean technologies in the i...

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Updated: 22 Aug 2024
Financial investment support In force

On 22 August 2024, Investissement Québec (IQ) committed a CAD 35 (USD 25.45) million capital support to to MKB Partners Fund III, LP (Fund III), which in turn will invest equity in clean energy tec...

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Updated: 22 Aug 2024
Financial investment support In force

On 22 August 2024, Business Development Canada (BDC) Capital announced CAD 25 (USD 18.18) million in capital support to MKB Partners Fund III, LP (Fund III), which in turn will provide equity to su...

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