Fonds de solidarité FTQ to invest more in energy, tech change
Fonds de solidarité FTQ said it will invest $1 billion annually over the next three years with a focus on helping Québec businesses reduce their carbon footprint and adopt new technologies. The Montréal-based growth capital provider will do this partly by backing Québec startups, such as Kaloom, Mnubo and Worximity, focused on energy efficiency, cleaner industrial processes and technologies, less energy-hungry equipment, and more efficient transportation systems. Fonds de solidarité FTQ said the $1 billion annual target represents a nearly 30 percent increase over the pace of its investing during the past five years.
18 March 2019•3 mins read
