Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

CoPower retail bondholders invest in Canadian geothermal projects

ImpactAlpha, September 11 – The Toronto-based company has made a C$6.4 million ($4.9 million) investment in residential geothermal projects in British Columbia. The investment affects 417 residential connections, made by company GeoTility.

Geotility helps households affordably connect to renewable geothermal power. Rather than paying for costly, upfront installations, which can cost as much as C$30,000 to C$50,000, Geotility charges customers similarly to how they would pay for electricity from a traditional utility company.

CoPower’s investment was made through its retail green bond initiative, which allows everyday Canadians to invest in green bonds. The capital is being used to help Geotility refinance existing geothermal residential projects, freeing up Geotility’s financial capacity to make additional connections.

You might also like...