Kanin Energy raises $138 million for waste heat to power development

Calgary cleantech company Kanin Energy has secured significant capital for its “energy-as-a-service” (EaaS) business. The news: Kanin announced a $138-million CAD new equity financing round on Sept. The round was led by Chicago’s S2G Investments and Canada Growth Fund (CGF), both of which supplied $50 million USD (around $69 million CAD).