Enerkem closed a new round of financing totalling C$76.3 million

Enerkem in Westbury, Quebec

Enerkem Inc., a global leader in biofuels production from solid waste, closed last April a new round of financing totalling C$76.3 million. The financing comes from Enerkem’s existing investors, as well as a new investor, Suncor Energy Inc. This injection of additional capital will help foster the company’s growth by continuing the development of its other projects, including in Varennes, Québec, and Rotterdam, the Netherlands.

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