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First Notice: CleanBC rebates; Katerra recapitalization; Royal Helium launches drilling program

DCN-JOC News Services
First Notice: CleanBC rebates; Katerra recapitalization; Royal Helium launches drilling program


B.C. doubles CleanBC home energy retrofit rebates

The Province of British Columbia is doubling its CleanBC Better Homes retrofit rebates for select home-heating and energy efficiency upgrades. Rebates will be doubled for moving from fossil fuel based to high-efficiency heat pumps, heat pump water heaters and electrical service upgrades when switching from a fossil fuel heating system to a heat pump. Applicants must pre-register for a promotional code by March 31 and complete their upgrades by June 30 to participate.

Katerra announces recapitalization

Construction technology company Katerra announced its shareholders have approved a recapitalization of the business through $200 million of new funding primarily from Softbank. In a release the company stated it would use the funding for the commercial release of its first building platform, a multifamily garden walk-up building designed as a configurable product, as well as advancement of business in Saudi Arabia and India and continued growth in the North American mass timber market.

Royal Helium launches drilling program

Royal Helium Ltd. today announced the launch of a three-well drilling program at its Climax Helium project. The work is part of Royal’s program of exploration and development of primary helium production in southern Saskatchewan. Savanna Drilling Corp. was also announced as drillers on the project. Savanna has drilled 25 helium wells in Saskatchewan over the past four years.

Raymond James introduces sustainability banking program

Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial Inc., today announced the appointment of investment banker Jimmy Leung to lead its newly launched sustainability investment banking team, as managing director and head of sustainability investment banking, effective today. Prior to this appointment, Leung oversaw the firm’s Canadian technology investment banking unit.

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