Business Development Bank of Canada

Cardinal Energy Ltd. is an oil and natural gas company based in Calgary, Canada, focused on the acquisition, exploration, and production of these resources primarily in Alberta and Saskatchewan. Established in 2010, Cardinal Energy operates several key properties, including Bantry, Mitsue, House Mountain, Grande Prairie, Wainwright, and Midale. The company specializes in producing low decline light, medium, and heavy quality oil, contributing to the energy landscape of Western Canada.

TerraVest Industries Inc. is a diversified manufacturer serving the energy and industrial equipment sectors. The company designs and builds home heating and cooling products, propane and related containment solutions, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. Its operations are organized into segments including HVAC equipment (home heating and cooling products and containment equipment), compressed gas storage and distribution equipment, energy processing equipment, and service. The HVAC and containment equipment segment accounts for the majority of revenue and produces commercial and residential refined fuel tanks and related storage solutions. TerraVest serves commercial and residential customers with equipment used for heating, gas handling, fuel storage, and energy processing, with a focus on durable, end-use products across its diversified portfolio.

EverGen Infrastructure is a Canadian company dedicated to combating climate change by developing a Renewable Natural Gas Infrastructure Platform, primarily on the West Coast in British Columbia. The company operates three organic waste facilities and two renewable natural gas facilities, which convert organic materials into renewable natural gas. This initiative not only helps reduce greenhouse gas emissions but also supports communities in their transition to a more sustainable future. Through its operations, EverGen Infrastructure aims to promote the use of renewable energy and contribute to a carbon-free future.

Gaia Refinery develops modular carbon removal technology that integrates with existing industrial operations to convert bio-based waste streams into permanent CO2 removal. Its Bio-DAC plug-in system leverages underutilized biomass and industrial waste to capture carbon dioxide with lower energy requirements than traditional direct air capture, aiming for scalable decarbonization of bio-industrial sectors such as biochar, bio-oil, pulp and paper, ethanol, and forestry. The technology is designed to be embedded in refineries and industrial facilities to provide cost-effective, permanent CO2 removal, including storage in underground, soil, oceans or trees, depending on deployment. Gaia aims to help organizations meet net-zero targets while improving resource efficiency and waste management. The company positions itself as enabling practical decarbonization by turning waste streams into climate value, offering a pathway to reduce industrial emissions through a modular, feedstock-friendly approach.

Royal Helium Ltd. is a helium exploration and development company based in Saskatoon, Canada, with a focus on primary helium production in southern Saskatchewan and southeastern Alberta. The company holds helium leases and permits that have been thoroughly evaluated for their helium potential over a period of two years, with assessments conducted by experts in geology and engineering. Royal Helium has established a strategic collaboration with The Saskatchewan Research Council to advance the development of a helium facility. Its projects benefit from proximity to established oil and gas infrastructure, as well as accessibility via highways and roads, enhancing the feasibility of its operations.

Royal Helium Ltd. is a helium exploration and development company based in Saskatoon, Canada, with a focus on primary helium production in southern Saskatchewan and southeastern Alberta. The company holds helium leases and permits that have been thoroughly evaluated for their helium potential over a period of two years, with assessments conducted by experts in geology and engineering. Royal Helium has established a strategic collaboration with The Saskatchewan Research Council to advance the development of a helium facility. Its projects benefit from proximity to established oil and gas infrastructure, as well as accessibility via highways and roads, enhancing the feasibility of its operations.