Andion Global Inc., a global leader in delivering waste-to-energy solutions, has secured a $20 Million multi-partner financing from three investment partners: a private fund managed by Spring Lane Capital, a private equity firm focused on providing catalytic project capital for sustainability solutions in the energy, food, water, waste and transportation industries; Equitix Infrastructure Investments Limited (“Equitix”); and Business Development Bank of Canada (“BDC”). 

The $250 million project development equity facility will be allocated concurrently by Spring Lane Capital and Equitix, and used to finance the development, construction and acquisition of projects in Andion’s North American and European markets.

Bennett Jones advised Andion with a team led by Jonathan McCullough and included Bosa Kosoric, Elias Notopoulos, Larissa Sakumoto (Corporate), David Little, Charlene Hiller, Jade Scrymgeour, Ann Madden (Capital Projects) and Sharon Singh (Regulatory).