Select Portfolio Companies & Investments
Cloudworks Energy Inc.
Cloudworks was started by Nick Andrews, John Johnson and David Andrews to provide green sources of energy to the province of British Columbia. The company constructed six run-of-river hydroelectric facilities having a combined gross installed capacity of 150 MW, developed 76 MW of run-of-river hydroelectric projects with 40- year power purchase agreements, and had the rights to develop various other renewable energy projects in various stages of development having a potential aggregate installed capacity of over 800 MW. The company and its owners sold interests in the Harrison Hydro projects to Connor, Clark and Lunn Infrastructure and Fengate Asset Management before ultimately being acquired by Innergex Renewable Energy for consideration of approximately $200 million.
Corvus Energy Inc.
Through its experience in the development of green energy projects, CleanFin was able to act early in identifying the role of lithium ion batteries in industrial transportation. In 2011, we provided the first major investment in Corvus Energy, the world’s leading provider of energy storage systems for the maritime sector.
Judi.ai
CleanFin recently led an equity issue and commitment that allows for the purchase and funding of JUDI.AI. JUDI.AI is a financial technology company based in Vancouver, Canada. Backed by powerful machine learning technology, the company’s small business lending analytics platform provides traditional lenders with the technology and real-time analytics that fintech and large technology lenders are armed with. The platform drives efficiency, reduces risk, and improves customer experience.