Calgary-based Longbow Capital has reached the first close of its Longbow Energy Transition Fund II, securing $150 million from anchor investors including BDC Capital, TD Bank Group, and Caterpillar Ventures. With a target of $250 million, the fund aims to support North American firms advancing low-carbon solutions and energy efficiency.
Its first investment is in VoltaGrid, a leader in modular, low-carbon power solutions for sectors like energy, mining, and data centers. Managing Director Tyson Birchall emphasized Longbow’s focus on innovative decarbonization approaches amid growing energy demands and onshoring trends.
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