Canada News

Construction

VINCI Construction scales Eastern Canada operations through strategic Modern Group of Companies acquisition

VINCI Construction has acquired the Modern Group of Companies, a New Brunswick-based civil engineering and roadworks firm that generated 50 million EUR in 2025. This transaction consolidates VINCI’s footprint in the high-growth Greater Moncton region, creating major operational synergies with its existing Canadian assets.

2 weeks ago • Canada

Investments & Funding

Eni takes 11.6% stake in Canada's NMG with $70m investment to secure graphite supply for Brindisi gigafactory

Eni has closed a $70 million equity investment in Nouveau Monde Graphite, acquiring an 11.6% stake and board representation, as part of a $309.5 million capital raise from private and public investors, securing graphite and anode material supply for Eni’s Brindisi gigafactory.

2 weeks ago • Canada;Italy

Metals & Mining

WestGold Metals enters North American mining sector with exclusive option on Idaho precious metals portfolio

WestGold Metals Corp. has finalized a mineral property option agreement to acquire a 90% stake in three prospective exploration assets in Idaho from a subsidiary of IDEX Metals Corp. The deal establishes WestGold's initial operational foothold in the United States, targeting historically active but underexplored epithermal systems.

2 weeks ago • Canada;United States

Airports & Aviation

AirAsia executes record-breaking 150-unit Airbus A220-300 order to pivot toward global LCC network

AirAsia has finalized a landmark purchase agreement for 150 Airbus A220-300 aircraft, marking the largest single firm order for the program. The deal introduces a high-capacity 160-seat configuration and serves as a cornerstone for the airline's expansion into new regional and Central Asian markets.

3 weeks ago • Canada;Malaysia

Mergers & Acquisitions

Tech Mahindra accelerates BFSI expansion with 21 million USD acquisition of Avant Techno Solutions

Tech Mahindra has entered a definitive agreement to acquire an initial 85% stake in the Canadian payments technology firm Avant Techno Solutions. The deal, valued at $21 million (CAD 28 million), targets the growing demand for real-time payments and wealth management modernization among North American financial institutions.

4 weeks ago • Canada;India

Renewable Energy

Canadian Energies plans 10 GW solar facility to boost North American renewable manufacturing

Canadian Energies has unveiled plans to develop a 10 GW solar module manufacturing plant in Canada, the largest of its kind in North America. By integrating advanced automation and high-efficiency technologies, the project aims to secure domestic clean energy supply chains and reduce reliance on overseas imports for utility and residential markets.

4 weeks ago • Canada

Mergers & Acquisitions

PPG completes $65m acquisition of Ozark Materials to expand pavement marking business

PPG has acquired Ozark Materials, a U.S.-based pavement marking solutions provider, from Ingevity Corporation for $65 million in an all-cash transaction, strengthening its Traffic Solutions division across North America.

1 month ago • Canada;United States

Renewable Energy

Pattern Energy completes Cordelio acquisition to expand North American renewables platform

Pattern Energy has completed its acquisition of Cordelio Power, adding approximately 1,550 MW of operating and in-construction wind, solar, and storage assets across the US and Canada. The deal expands Pattern's development pipeline and operational footprint as one of North America's largest independent clean energy infrastructure platforms.

2 months ago • Canada;United States

Renewable Energy

Dimension Energy secures $650 million financing for 132 MW community solar portfolio

Dimension Energy has closed $650 million in construction and term financing for 25 community solar projects totalling 132 MW across four states. The package includes $415 million in debt from a bank syndicate and $235 million in tax equity from Franklin Park, marking the developer's largest project financing to date.

2 months ago • Canada

Oil & Gas

LNG Canada selects TR Canada E&C for Coastal GasLink Phase 2 engineering work

LNG Canada has commissioned TR Canada E&C to conduct front-end engineering design for the second phase of the Coastal GasLink pipeline. This project aims to increase natural gas throughput to 5 billion cubic feet per day, supporting the technical analysis required for a potential final investment decision to expand Canadian export capacity.

2 months ago • Canada

Power & Utilities

Alectra Utilities allocates $46 million for Mississauga grid modernization and infrastructure renewal in 2026

Alectra Utilities has announced a $46 million capital investment strategy for Mississauga scheduled for 2026. The initiative targets aging infrastructure renewal, grid automation, and capacity expansion to support the city's rapid urban development. By upgrading substations and underground cabling, the utility aims to enhance regional energy reliability and accommodate increasing commercial and residential demand.

3 months ago • Canada

Mergers & Acquisitions

Fiore-backed Seva Mining completes acquisition of Cameron gold project

Seva Mining has closed the acquisition of First Mining Gold's Cameron project in Ontario through a reverse takeover transaction. The deal creates a new gold exploration vehicle backed by the Fiore Group, with First Mining retaining a 48% stake and board representation.

3 months ago • Canada