Top Cdn BE: Financing Wrap-up

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October 16, 2017,

Sixth Element is a boutique consulting firm, providing services on pro forma design and analysis, feasibility studies and business plans, technology/venture vetting and audits (see Projects for recent studies).  Our focus sectors are emerging biofuels and Indigenous bioeconomy ventures in the forestry sector, including lumber, logging and bioenergy.

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The preceding articles in this series cover the major steps that investors and entrepreneurs should take to advance bioeconomy project product and process development. In retrospect, the most striking aspect of the articles is the diversity of talent, experience and approaches exhibited by the authors as they addressed the variety of requirements in the project development and funding processes… by Martin Wahl and Gerald Kutney.

Oct. 10, 2017 – For many of the people who reside in the northwestern region of New Brunswick, the name Groupe Savoie is well known. In addition to being a major employer in the area, the specialty hardwood products manufacturer is very active within the communities it operates and runs Fondation Hector Savoie, a non-profit organization that assists low-income families throughout northwestern New Brunswick... by Andrew Snook.

OTTAWA — The federal government is looking at the potential of producing jet biofuels, in light of an international agreement to cut greenhouse gas emissions from the aviation industry. Natural Resources Canada is looking for a company to design a “roadmap” for the development of a domestic aviation biofuel industry, according to a procurement document recently posted online. “The potential for Canada is not only in production of a cleaner biojet fuels (sic) but also in the development of new technologies than (sic) can be exported,” it reads…  by Maura Forest

An increasing number of Indigenous communities are becoming partners in renewable energy projects in Canada and creating thousands of jobs as they do it. A new national survey shows nearly one fifth of the country’s power is provided by facilities fully or partly owned and run by Indigenous communities. It represents a dramatic increase in the last decade in renewable energy projects like hydro, wind and solar power… by Margo McDiarmid.

Oct. 11, 2017 – Simon Fraser University (SFU) and SFU Community Trust are collaborating with Corix Multi-Utility Services Inc., on a $33-million community-based biomass project called the Burnaby Mountain District Energy Utility (BMDEU). The project, approved by the British Columbia Utilities Commission (BCUC) involves a high-efficiency heating plant using biomass–clean, urban wood waste–as the primary fuel source… by Simon Fraser University.
Oct. 11, 2017 – One single ounce of oxygen. That’s all it would have taken for an explosion to have occurred at Pacific BioEnergy’s Prince George, B.C. facility in August 2017. It was Thursday, Aug. 24 when chairman and chief executive officer Don Steele found out that one of the wood pellet fuel company’s silos began smoldering overnight… by Tamar Atik