In the News

AUG 2, 2022
CleanTechnica

$3.2 Million EV Fleet Adoption Financing From VCIB

VCIB's $3.2-million financial partnership with 7Gen is supporting an “EVs-as-a-service" model, the first of its kind in Canada.
NOV 19, 2021
The Hamilton Spectator

An old building with new ideas: Historic Coppley building is being reimagined, but its design will stay

VCIB provided financing for TAS' aquisition of the Coppley building. TAS plans to re-imagine this iconic property into a community hub for charities, non-profits, and private sector partners
NOV 17, 2021
North American Windpower

Niagara Region Wind Farm Receives $31 Million in Refinancing Closing

VCIB and SNGRDC have successfully closed $31 million in refinancing for the 230 MW Niagara Region Wind Farm, the second largest wind farm in Ontario by installed capacity
NOV 17, 2021
GlobeNewswire

VCIB and Six Nations of the Grand River Development Corporation Announce $32.5 Million Refinancing for Niagara Region Wind Farm

VCIB's $32.5 million refinancing supports Indigenous participation in the clean energy economy and will free up additional funds for the Six Nations of the Grand River Community
AUG 9, 2021
The Peterborough Examiner

Habitat condo project nears completion in Peterborough

VCIB's $30 million credit facility, offered to Habitat for Humanity to finance affordable housing construction, is being used by Habitat Peterborough

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JUN 2, 2021
The Energy Mix

VCIB Unveils First Dedicated Loan Program for Commercial Solar Projects

VCIB launches Canada’s first dedicated loan program for businesses and organizations interested in financing and building their own solar projects
MAY 21, 2021
The Globe and Mail

Finessing the financials key to Parkdale land trust deal

VCIB provided an $8.5M loan to support PNLT’s acquisition of an at-risk low-rent residential building in Maynard Avenue
MAY 5, 2021
Toronto Star

This Parkdale group's ownership model keeps rent affordable, one building at a time. Other Toronto neighbourhoods are paying attention

PNLT’s community ownership model is protecting Toronto’s affordable units, keeping long-term tenants from being priced out of their communities
APR 16, 2021
Energy Capital The Magazine

Noventa Energy delivers world's largest wastewaster energy transfer project at Toronto Western Hospital

This $38M project funded by VCIB and the government of Canada will generate enough thermal energy to supply 90% of the hospital's cooling and heating

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