Corvus Energy secures $6.5m financing contract

Corvus Energy has closed a CAD $6.5m financing credit contract with Export Development Canada.

Corvus Energy’s air cooled pack and liquid cooled pack products. Courtesy of Corvus Energy.
  • Financing will allow Corvus to extend production of its lithium-ion based Energy Storage System, particularly for hybrid ferries in Europe.
  • EDC reports that it wants to support the growth potential of cleantech companies in Canada and has a dedicated team to focus on understanding the industry’s needs.
  • Corvus receives 99% of its revenue from international contracts and claims that it demonstrates its response to increased global demand for clean energy technology.

 

Read more on the press release.

Fathom-News
editor@fathom-mi.com

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