TRANSACTION

Ancoris Capital Partners Advises Enerkem on a follow-on Financing of Senior Convertible Notes Completed with Aegon

Ancoris Capital Partners acted as the exclusive financial advisor to Enerkem Inc. (“Enerkem”) on a follow-on financing of Senior Convertible Notes completed by Aegon. This investment complements the Senior Convertible Notes placed by Ancoris to Avenue’s Sustainable Solutions Fund and BlackRock in April 2020.

The new investment from Aegon reaffirms the transformational nature of Enerkem’s technology that is being supported and financed by world-class partners. Enerkem continues to execute on its global projects, which further the progression of carbon reduction and the circular economy.

This transaction represents the second transaction that Ancoris has completed for Enerkem in the last several months. Ancoris’ deep investor network enabled the team to strategically select Aegon for this financing due to Aegon’s knowledge of the sector and long-term approach to financing.

“Ancoris once again created a great outcome by finding Enerkem a value-added financing partner that will support us in our next stage of growth and success,“ stated Dominique Boies, Enerkem, CEO.