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: Inside the World’s Largest Hemp Processing Line – How Fiber & Hempcrete Are Made

Inside the World’s Largest Hemp Processing Line – How Fiber & Hempcrete Are Made – Let's Dive In!

as we dive into an extraordinary journey inside some of the world’s most advanced hemp processing facilities — where millions of tons of raw hemp are transformed into high-value fiber, hurd, and sustainable hempcrete. This documentary uncovers the full production line, from harvesting freshly grown hemp to refining it into materials ready for construction, textiles, and next-generation green technology.

Engage with Us: Curious about hemp processing or the future of bio-materials? Share your questions in the comments, hit the like button, and subscribe to Agriculture Insight for more in-depth documentaries on global agricultural production!

Watch now to experience the massive scale and cutting-edge engineering behind modern hemp processing. Agriculture Insight takes you deep inside the operations of large-scale hemp facilities, highlighting the innovations shaping the future of sustainable industry.