Suncor Energy

Suncor Energy Inc. is an integrated energy company based in Canada, primarily engaged in the development and production of petroleum resources, particularly in the Athabasca oil sands, one of the largest petroleum basins globally. Founded in 1917, Suncor specializes in synthetic crude derived from oil sands and has expanded its operations to include offshore oil production, refining, and the marketing of petroleum products through its Petro-Canada brand. The company operates across several segments: Oil Sands, which involves extracting and upgrading bitumen; Exploration and Production, including international operations; and Refining and Marketing, which produces a variety of petroleum and petrochemical products. Additionally, Suncor is advancing its transition to a low-emissions future by investing in renewable energy and power generation, and it conducts energy trading focused on crude oil and natural gas. With a strong portfolio of assets and growth potential, Suncor remains a key player in the energy sector.

Alister Cowan

Executive Vice President and Chief Financial Officer

Steve Williams

President and Chief Executive Officer

7 past transactions

Svante

Series D in 2021
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

LanzaJet

Funding Round in 2020
LanzaJet producer of aviation fuel that captures waste gas emissions and uses bacteria to turn it into useable ethanol fuel.

Enerkem

Corporate Round in 2019
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

Syncrude

Acquisition in 2016
Syncrude Canada Ltd. is a prominent operator in Canada’s oil sands industry, located in Fort McMurray. Established in 1964, the company specializes in the extraction of crude oil from oil sands and has a long-standing commitment to responsible operations and innovation. As a subsidiary of Suncor Energy Inc., Syncrude focuses on advancing technologies that enhance environmental performance while facilitating the exploration and mining of low sulfur crude oil. With over 50 years of experience, Syncrude plays a significant role in the growth and development of the oil sands sector in Canada.

Petro-Canada

Acquisition in 2009
Petro-Canada is a fuel delivery company that facilitates on-site delivery for fuel and lubricants. It offers businesses with SuperPass, a card that enables its users to access its gasoline and diesel network; Petro-Pass, a Cardlock network; Petro-Canada facilitates Petro-Points, a loyalty program that enables its customers to earn points for their purchases. It also facilitates car wash services, Olympic and Paralympic sponsorship, and gift cards. Petro-Canada was acquired by Suncor Energy in August 2009. Petro-Canada was founded in 1975 and is based in Calgary, Canada.

GreatPoint Energy

Series C in 2007
GreatPoint Energy, Inc. specializes in producing pure hydrogen and substitute natural gas through a proprietary catalytic hydromethanation process that converts carbon-rich feedstocks, including coal, petroleum coke, and biomass. This process not only generates a methane-rich gas stream suitable for various applications, such as residential and commercial heating, power generation, and industrial uses, but also allows for the capture and sequestration of carbon dioxide. The company's technology results in low-cost, clean, pipeline-quality natural gas with a minimal environmental impact. Additionally, GreatPoint Energy produces valuable by-products, including vanadium, nickel, activated carbon, ammonia, and sulfuric acid. The company serves clients across several countries, including China, South Korea, Japan, Taiwan, and Indonesia. Founded in 2004 and headquartered in Cambridge, Massachusetts, GreatPoint Energy collaborates with strategic investors and partners such as AES Corp, Dow Chemical, Peabody Energy, and Suncor Energy.