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World News and Views :: Projects

Enerkem raises a further C$37 million for Edmonton waste-to-biofuels facility

January 16, 2013 | Francinia Protti-Alvarez

Waste-to-biofuels and chemicals company Enerkem (Montreal) has raised a further C$37 million ($37.6 million) from Waste Management of Canada Corp. (Calgary, AB), a subsidiary of Waste Management Inc. (Houston) and EB Investments, for Enerkem's previously announced Alberta biofuels facility. Enerkem has raised a total of C$140 million, at the corporate and project subsidiary levels, to date.   The facility is under construction and will be one of the first full-scale advanced biofuels facilities in North America, Enerkem says. It will use the city of...

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