Entropy Secures $25 Million Investment for Carbon Capture Technology

By Global Infrastructure Sherpa · Oct 26, 2025

Investment Carbon Capture announced Calgary, Canada Oct 26, 2025

USD200M

Deal Value

1 tpa

Capacity

Glacier Phase 2

Project

Entropy Inc. received a $25 million investment from Enbridge to advance its carbon capture technology. The investment will support Entropy's ongoing projects and future developments in carbon capture and storage.

Source Intelligence

KEY DETAILS

CGF's investment could result in CGF owning approximately 20% of Entropy. Brookfield will continue to invest the balance of its existing $300 million hybrid security into the business, by which point it would be the largest shareholder and control Entropy. "CGF to invest $200 million in Entropy for the development of Canadian CCS projects and for corporate purposes which, once fully drawn, could result in CGF owning approximately 20% of Entropy; Brookfield will continue to invest the balance of its existing $300 million hybrid security into the business, by which point it would be the largest shareholder and control Entropy;"

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Deal Size

CGF has agreed to a $200 million investment in Entropy coupled with a fixed-price carbon credit purchase agreement

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Capacity

coupled with a fixed-price carbon credit purchase agreement (“Carbon Credit Offtake Commitment” or “CCO”) of up to one million tonnes per annum (“tpa”)

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Location

Entropy Inc. ("Entropy" or the "Company"), a Calgary -based developer of technologically-advanced carbon capture and sequestration

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PPA Details

CGF to provide the first ever large-scale, long-term, fixed-price CCO in a compliance carbon market, committing to purchase up to one million tpa of carbon credits for 15 years; The initial allocation of CCO commitment will allow Entropy to proceed with its Glacier Phase 2 project, targeting the sale of up to 185,000 tpa of Alberta TIER carbon credits at an initial price of $86.50 per tonne for a term of 15 years

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Announcement

Dec 21, 2023

PARTIES MENTIONED IN SOURCE

Canada Growth Fund Inc. investor

"Canada Growth Fund Inc. ("CGF") has entered into a strategic investment agreement with Entropy Inc."

Entropy Inc. developer

"strategic investment agreement with Entropy Inc. ("Entropy" or the "Company"), a Calgary -based developer of technologically-advanced carbon capture and sequestration"

Brookfield Asset Management Ltd. investor

"BROOKFIELD , NEWS,  Dec. 21, 2023 (GLOBE NEWSWIRE) --  Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM)"

Advantage Energy Ltd. controlling shareholder

"Advantage Energy Ltd. (TSX: AAV) ("Advantage") today announce that CGF has entered into a strategic investment agreement with Entropy Inc."

high quality Enriched Feb 19, 2026