GREY:XEBEQ - Post by User
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ZouZS3on Jul 02, 2022 1:40pm
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Post# 34797454
Xebec is your pension
Xebec is your pension
the Caisse de depot et placement du Quebec is making a strategic $50-million investment in Xebec Adsorption Inc., a Quebec-based clean-energy producer.The investment is in conjunction with a $100-million bought deal public offering of subscription receipts and will enable Xebecs acquisition of HyGear Technology and Services, a Netherlands-based company specializing in hydrogen-generation solutions and electric vehicle-refueling applications. By taking a stake in Xebec, [the Caisse de depot et placement du Quebec] is contributing to the development of Quebec expertise in transitioning toward sources of renewable energy, said Kim Thomassin, executive vice-president and head of investments in Quebec and stewardship investing at the Caisse, in a press release. Xebec possesses high-quality assets and has attained an enviable position in its industry and [the Caisse de depot et placement du Quebec] is pleased to support its international expansion.