Canada Infrastructure Bank (CIB) and Enwave Energy Corporation (Enwave) have completed a long-term agreement to accelerate and advance district energy projects in the Cities of Toronto and Mississauga.
Toronto, Ontario June 14, 2021 -- Enwave Energy Corporation, a leading innovative energy provider, announces today a definitive agreement with Windsor Utilities Commission (WUC) to acquire District Energy Windsor (DEW).
New owners Ontario Teachers’ Pension Plan and IFM Investors will work together to grow Enwave’s potential to meet accelerating demand for low‐carbon energy solutions & newly appointed CEO, Carlyle Coutinho, to lead Enwave’s expansion into the US mark
The transition of ownership announcement from Brookfield is a testament to the tremendous business we have created together at Enwave. Brookfield has been a powerful partner in our growth, and we know they are committed to supporting a smooth transition.
Congratulations to Carlyle Coutinho, COO Enwave Canada for being recognized as one of Canada’s top leaders in sustainability. He has been honored as one of the Clean16 for his leadership in the Traditional Energy and Distribution category.