The Power Sustainable Energy Infrastructure Partnership will see the Desmarais family holding company partner with National Bank of Canada, Great-West Lifeco, Desjardins Group and Switzerland-based Après-demain to invest in new North American renewable-energy assets. (The Logic)
The deal, which will see Saint-Jérôme, Que.-based company deliver the buses to a Quebec transport firm by 2026, is the biggest in Lion’s history—and, it says, the biggest so far in North America. (La Presse)
Shares of Kits, where serial entrepreneur Hardy serves as CEO, started trading on the Toronto Stock Exchange this morning in an initial public offering that netted the company gross proceeds of $55 million. (The Logic)
