Tech Company Financing Transactions
Northstar Clean Technologies Funding Round
Northstar Clean Technologies, operating out of Delta, BC, secured $8.8 million from Business Development Bank of Canada.
Transaction Overview
Company Name
Announced On
6/15/2023
Transaction Type
Debt
Amount
$8,750,000
Round
Undisclosed
Investors
Business Development Bank of Canada (Lead Investor)
Proceeds Purpose
BDC Financing will be used for the development and construction of the Company's planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility").
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
7046 Brown Street
Delta, BC, V4G 1G8
CA
Delta, BC, V4G 1G8
CA
Phone
Website
Email Address
Overview
Northstar Clean Technologies Inc is engaged in the commercialization of proprietary process technology for the recycling of asphalt shingles and the extraction and recovery of asphalt cement, fiberglass/felt and mineral aggregates to be sold and used in asphalt pavement, shingle manufacturing, construction products, and other industrial applications. The Company currently operates in one business segment in Canada, being the repurposing and reprocessing of asphalt shingles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
James Currie
Chief Executive Officer
Aidan Mills
Chief Financial Officer
Rosemary Pritchard
Co-Founder
Terry Charles
Co-Founder
Gord Johnson
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