Alberta Enterprise Corporation invests USD$3 million into energy technology fund

Oct 04, 2022

EDMONTON, AB, Oct. 4, 2022 /CNW/ - Alberta Enterprise announced today that it has invested USD $3 million in PillarFour Capital Fund II to support Alberta energy technology companies focused on reducing carbon intensity and environmental footprint in the oilfield.

"Technology has always been a backbone of Alberta's oil and gas sector and forward-thinking energy technology companies continue to play a key role in advancing the industry along a path of increasingly efficient and responsible operations," commented Kristina Williams, CEO of Alberta Enterprise Corporation. "We've been engaged with the PillarFour team for the last few years. We are impressed by the portfolio they created in their first fund, and are excited to support them as they continue to invest in Alberta's energy innovators."

PillarFour is an investment firm focused on sustainable, energy technology companies. The firm is headquartered in Calgary with an additional office in London, England. The PillarFour investment team leverages decades of operational and financial expertise in energy and technology businesses to support Canadian innovators seeking to scale in Canada, into the US and internationally.

Click here to see more...

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.