Rho Canada Ventures backed Enerkem Alberta Biofuels secures $3.5M WINN funding

pcJ News Briefs – Government of Canada, through the Western Innovation (WINN) Initiative, has invested $3.5 million in Enerkem Alberta Biofuels, a partnership controlled by Montreal based Enerkem Inc., Waste Management of Canada Corporation, and Rho Canada Ventures.

The funding will help build the final phase of a facility that converts non-recyclable, non-compostable municipal solid waste into liquid biofuels and chemicals. The Enerkem Alberta Biofuels facility is the first of its kind to convert non-recyclable, non-compostable municipal solid waste into liquid biofuels and chemicals.

Enerkem Inc. is backed by Rho Ventures, Braemar Energy Ventures, Westly Capital Partners, Lighthouse Capital Partners.

photo credit: Enerkem

News Release

Investments in Alberta’s Clean Technology Sector Strengthens Innovative Energy Generation

From Western Economic Diversification Canada

Western Innovation Initiative funding will help turn Edmonton’s garbage into energy

November 17, 2017 – Edmonton, Alberta – Western Economic Diversification Canada

Enerkem Alberta Biofuels, a subsidiary of Montreal-based Enerkem Inc., is receiving $3.5 million from the Government of Canada through the Western Innovation (WINN) Initiative to build the final phase of a facility that converts non-recyclable, non-compostable municipal solid waste into liquid biofuels and chemicals.

The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada, made the announcement today at the Edmonton Waste Management Centre.

The Enerkem Alberta Biofuels facility is the first of its kind to convert non-recyclable, non-compostable municipal solid waste into liquid biofuels and chemicals. It contributes to the City of Edmonton’s goal to divert up to 90 per cent of household waste from the landfill. This commercial-scale facility has the capacity to process 100,000 metric tons of solid waste annually, which includes items like textiles, non-recyclable plastics, or soiled food containers, to produce over 40 million litres of fuel-grade, cellulosic ethanol.

A focus on clean technology, innovation and growth is a core element of the Pan-Canadian Framework on Clean Growth and Climate Change. The Western Innovation (WINN) Initiative complements the Framework and helps Canada foster globally competitive businesses that support the transition to a low-carbon economy.

Quotes

“This facility is truly an example of the strength of Canadian innovation – solving the problems of today and proving that protecting the environment and growing the economy go hand in hand. Enerkem Alberta Biofuels’ operation will have tangible benefits for the City of Edmonton and help Canada build its reputation as a responsible steward of the environment. I am excited to see this made-in-Canada technology come to life.”
The Honourable Amajeet Sohi, Minister of Infrastructure and Communities on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada

“The support from Western Innovation (WINN) Initiative has allowed Enerkem to complete earlier this year the installation of a methanol-to-ethanol conversion unit at our world-class waste-to-biofuel facility, a major cornerstone in helping decarbonize the planet and in setting a new standard in waste management and sustainable biofuels”
Vincent Chornet, Cofounder, President and CEO of Enerkem Inc.

Associated Links

Western Innovation (WINN) Initiative
Enerkem Alberta Biofuels

Contacts

Donna Kinley
Regional Communications Manager
Western Economic Diversification Canada
Telephone: 780-495-6892
Email: donna.kinley@canada.ca

Pierre Boisseau
Senior Director, Communications and Marketing
Enerkem Inc.
Telephone: 514-875-0284
Email: pboisseau@enerkem.com

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