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Announced

Canada Growth Fund to invest $100m in Svante Technologies.

Synopsis

Canada Growth Fund, a public investment vehicle, agreed to invest $100m in Svante Technologies, a carbon capture and removal solutions provider. “CGF is working to accelerate the deployment of key Canadian carbon capture technologies, and to scale the manufacturing and export of promising solutions to showcase Canadian technologies internationally. Svante has a tremendous market opportunity, globally and here at home, and we look forward to supporting this company in its growth,” Patrick Charbonneau, Canada Growth Fund Investment Management President and CEO.

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