Suncor and Canadian Utilities Limited, an ATCO company, have agreed to sell each other’s wind and solar power assets for a total of $730 million.
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In a press statement, the Calgary-based firm stated that it still plans to achieve net-zero emissions by 2050, but that it will make faster progress by focusing on hydrogen and renewable fuels.
Suncor and Svante have signed an equity financing agreement which provides Svante with the additional growth capital to accelerate the…
