Terms
- Announced
- 13 Dec 2022
- Instrument
- Grants
- Amount
- US$8.31mReported as C$11.3m (NRCan IFIT C$4.9m; Ontario FSIIP C$6.4m), converted at 0.7357 USD/CAD (December 2022 average)
- Source
- chartechnologies.com
Parties
- Project developer
- CHAR Technologies
- Recipient type
- Technology company
- Country
- Canada
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Natural Resources Canada Grantor US$3.60m Disclosed Government of Ontario Grantor US$4.71m Disclosed
Carbon
- Pathway
- Biochar
What happened
- Natural Resources Canada Investments in Forest Industry Transformation (C$4.9m) and Ontario Forest Sector Investment and Innovation Program (C$6.4m) for the Thorold facility. The FedDev Ontario C$1.5m repayable contribution is separate.
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