Suncor Energy

Suncor Energy Inc. is an integrated energy company based in Calgary, Canada, primarily focused on the development of petroleum resource basins in the Athabasca oil sands, one of the largest oil reserves globally. The company engages in the exploration, production, and marketing of crude oil both in Canada and internationally. Its operations are divided into several segments, including Oil Sands, which involves the recovery and upgrading of bitumen; Exploration and Production, which includes offshore activities in Canada and international assets; and Refining and Marketing, where crude oil is refined into various petroleum products marketed through its Petro-Canada retail network. Additionally, Suncor is committed to advancing the transition to a low-emissions future by investing in renewable energy sources and power generation, while also participating in energy trading activities related to crude oil and natural gas. Founded in 1917, Suncor has established itself as a significant player in the global energy market.

Eric Axford

Executive Vice President of Business Services

Richard M. Kruger

President and CEO

6 past transactions

Svante

Series D in 2021
Svante is a prominent provider of carbon capture and removal solutions, focusing on the development and manufacture of innovative solid sorbents, structured adsorbent filters, and rotary contactor machines. The company's technology is designed for post-combustion industrial carbon capture and direct air capture, addressing hard-to-decarbonize emissions from industries such as cement, hydrogen, oil and gas, and steel. Svante's solid sorbent-based technology is both environmentally responsible and scalable, allowing for effective CO2 capture that meets pipeline-grade purity standards. This captured carbon can be safely transported, stored underground, or repurposed for various applications. By forming partnerships across the global carbon capture, utilization, and storage (CCUS) value chain, Svante aims to facilitate the implementation of source-to-sink carbon capture projects, helping enterprises reduce emissions while managing capital costs and energy use effectively.

LanzaJet

Funding Round in 2020
LanzaJet is a company dedicated to producing sustainable aviation fuels (SAF) aimed at reducing the environmental impact of the aviation industry. By utilizing innovative technology, LanzaJet converts non-recyclable waste into low-carbon fuels, providing a cleaner alternative to traditional fossil fuels. The company's approach aligns with the principles of the circular economy, emphasizing the importance of sustainability and waste reduction. Through its efforts, LanzaJet seeks to significantly lower greenhouse gas emissions in aviation, contributing to a more sustainable future for air travel.

Enerkem

Corporate Round in 2019
Enerkem Inc. is a cleantech company based in Montreal, Canada, specializing in the production of renewable biofuels and chemicals derived from waste materials. The company utilizes a proprietary thermochemical process to convert non-recyclable municipal solid waste into cellulosic ethanol and other renewable chemicals. Over a decade of research has validated Enerkem's technology, which addresses issues related to oil dependence and waste disposal. The company operates advanced facilities that support its business model of producing biofuels profitably from a diverse range of feedstocks. Enerkem is majority-owned by a mix of institutional and clean-technology investors, including various venture capital firms and industrial investors. With a workforce of approximately 170 employees across Canada and the United States, Enerkem is committed to transforming waste into sustainable energy solutions.

Syncrude

Acquisition in 2016
Syncrude Canada Ltd. is a major operator in Canada’s oil sands industry, specializing in the production of low-sulfur crude oil. Founded in 1964 and based in Fort McMurray, the company has built a 50-year reputation for responsible operations and innovation within the sector. As a subsidiary of Suncor Energy Inc. since 2016, Syncrude is involved in various stages of oil sands development, including research, exploration, and mining. The company focuses on enhancing environmental performance and economic efficiency through its suite of technologies, contributing significantly to the growth of Canada's energy landscape.

Benefuel

Seed Round in 2014
Benefuel is focused on commercializing an advanced biodiesel refining platform that utilizes a solid catalyst to produce high-quality biodiesel from a diverse range of feedstocks, including non-food-related fats and oils. By shifting away from traditional large-scale, centralized fuel production, Benefuel promotes a more localized model of production and consumption. The company also offers fuels, lubricants, and chemicals derived from low-cost renewable feedstock, providing an alternative energy source that enables businesses to reduce biodiesel production costs. This innovative approach leverages the vast availability of renewable resources in the global market, positioning Benefuel as a key player in the alternative energy sector.

GreatPoint Energy

Series C in 2007
GreatPoint Energy is a technology-driven natural resources company and the developer of a proprietary, highly-efficient catalytic process known as hydromethanation, by which coal, petroleum coke, and biomass are converted directly into low-cost, clean, pipeline-quality natural gas, while allowing for the capture and sequestration of carbon dioxide (CO2). Hydromethanation yields dramatically improved economics for the production of natural gas and an environmental footprint equivalent to that of the most environmentally friendly commercial fuel.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.