Canadian Infrastructure Bank (CIB) is investing $135 million to expedite the large-scale expansion of clean energy projects in the City of Markham, Ontario through Markham District Energy Inc. 

This matter was significant because it involved multiple projects at multiple sites within the City of Marham,  requirements for Indigenous groups consultation and a co-funding arrangement with a private capital lender (Canadian Imperial Bank of Commerce). 

The district energy systems will provide the City with low-carbon energy sources which will provide heating and cooling to connected buildings in the municipality. The expansion will result in the reduction of 33,700 tonnes of greenhouse gas emissions annually.

This clean energy loan involves funding for projects related to infrastructure in five main categories, (1) energy production facilities, (2) distribution systems (thermal grid), (3) energy transfer stations, (4) low carbon thermal productions, combined heat and power and thermal storage, (5) asset renewal that improves the efficiency of the relevant project.