On March 20, 2023, XNRGY Climate Systems, a pioneer in energy-efficient commercial HVAC systems, announced the completion of a significant growth capital funding round. This was co-led by MacKinnon, Bennett & Co. (MKB), an equity firm emphasizing energy transition, and Idealist Capital, focusing on the energy transition and decarbonization sectors. The funds are earmarked to extend XNRGY's Montreal facility by 100,000 sq. ft. and establish a new 250,000 sq. ft. production facility in Mesa, Arizona. These expansions are designed to bolster XNRGY's capacity in delivering high-performance HVAC systems that enhance energy efficiency, curtail energy expenses, and offer premium indoor air quality for essential customers, including hospitals and data centers. Wais Jalali, XNRGY's Founder, Chairman, and CEO, lauded the partnership with MKB and Idealist Capital, emphasizing XNRGY's leading role in climate tech, supported by top-tier Canadian financial entities. Ken MacKinnon of MKB highlighted XNRGY's innovative solutions at a crucial juncture when energy consumption reduction in buildings is imperative. Pierre Larochelle from Idealist Capital praised XNRGY's leadership and their dedication to reducing HVAC's carbon footprint.