A few of our
investment highlights

We invest in innovative companies that are doing things differently: companies that help bring energy to the world in the most efficient, cost-effective and environmentally-responsible manner.

Certarus is the North American market leader in providing low carbon energy solutions through a fully integrated compressed natural gas (CNG) distribution system. The company’s primary business is the creation of a “Virtual Natural Gas Pipeline” through the compression, transportation and integration of CNG for the energy, mining, forestry, utility and industrial sectors. Its solutions target diesel and propane fuel displacement projects to lower operating costs and and environmental impact.

Clir is a SAAS optimization software platform that aims to maximise renewable energy project returns by providing actionable insights on technical performance and risk. The cloud-based AI platform provides asset managers and owners with tools to maximize annual energy production and provide clarity on renewable asset performance.

VoltaGrid is an owner and operator of industrial scale, low emissions power generation assets. The company owns and operates an innovative fleet of high efficiency natural gas fired power generation assets that significantly reduce customers’ GHG emissions while providing reliable on-demand power in remote or temporary locations.

Arcus Power is a SaaS business that provides a cloud based predictive analytics software platform for managing peak electricity costs and provides power market data to industrial power customers and generators across North America. Arcus’ peak demand and price forecasts are built on deep learning algorithms, automation and industry domain expertise that are used primarily in coincident peak management and demand response marketing applications.

Aureus is focused on providing innovative and environmentally responsible water services and solutions to energy and industrial customers across western Canada and the United States.

Aureus’s patented cost-effective treatment, storage and transfer methods allow operators to recycle and reuse more water and reduce their reliance on fresh water. Aureus’s ZA treatment process has multiple oilfield and non-oilfield applications beyond produced water treatments that add value and reduce cost for its customers.

Spur is a Canadian energy company that is focused on the Clearwater play in northern Alberta. The Clearwater is unusual among most current North American oil plays in that the wells are not fracked, which reduces costs and water usage, and also leads to a more stable production profile. The combination of low capital costs, strong production results and large scale resource has led to Spur’s success. The company has grown from a few hundred barrels per day at inception in early 2017 to 20,000 barrels per day as of January 2021.

Air Drilling Associates is one of the largest providers of managed pressure, underbalanced and air/foam/aerated fluids drilling services to the petroleum and geothermal energy industries. These technologies increase drilling speed while reducing damage to reservoirs and improving wellbore stability and safety. ADA operates globally.

Steel Reef is a privately-held midstream company that targets strategic small and mid-sized infrastructure projects focused in the Western Canadian Sedimentary Basin. It has grown to become the largest energy infrastructure owner in Saskatchewan.

 

North West Refining was a 50 percent owner of the $10 billion Sturgeon Refinery, the first first refinery designed to capture and sequester CO2 emissions from the outset. By incorporating carbon capture, North West can reduce the carbon content of its products to a world-leading standard. The company expects to capture 1.2 million tonnes of CO2 per year that would have ended up in the atmosphere, but which will now be safely and permanently stored. North West sold it’s interest in the Sturgeon Refinery in 2021 and now owns a royalty on all future CO2 captured by the facility.

Moore Pipe supplies tubular products to the oil and gas industry and has developed a proprietary method for installing high-density synthetic lining inside steel production tubing. This liner reduces corrosion and friction and significantly increases tubing life.