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Quo Vadis Capital Announces a Net-Zero Transition Loan for the Comprehensive Revitalization of Complexe du Canal Lachine

Quo Vadis Capital Announces a Net-Zero Transition Loan for the Comprehensive Revitalizati...

articleNational Bank Of CanadaNovember 8, 20223/company/national-bank-of-canada/news/quo-vadis-capital-announces-a-net-zero-transition-loan-for-the-comprehensive-revitalization-of-complexe-du-canal-lachine
Quo Vadis Capital Announces a Net-Zero Transition Loan for the Comprehensive Revitalization of Complexe du Canal Lachine

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[{"type":"text","content":"\n \n \n \n Quo Vadis Capital Announces a Net-Zero Transition Loan for the Comprehensive Revitalization of Complexe du Canal Lachine\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Nov. 8, 2022\n \n \n /CNW Telbec/ - Quo Vadis Capital is pleased to announce that it has secured a Net-Zero Transition Loan for the comprehensive revitalization of Complexe du Canal Lachine.\n \n \n \n \n \n \n \n \n \n The loan proceeds will be earmarked for investment in technology to retrofit Complexe du Canal Lachine in order to obtain a net-zero greenhouse gas emissions profile. Projects will include energy efficient HVAC (heating, ventilation and air conditioning), and innovative renewable energy systems developed from research projects carried out by\n \n Concordia University's\n \n Next Generation Cities Institute. Quo Vadis Capital is also committed to exceeding a pre-defined threshold of leasing exposure to select minority groups such as artists, green SMEs, the self-employed, and B-Corp certified businesses, in return for advantageous financing terms and conditions. By maintaining high-quality and accessible workspaces, Quo Vadis Capital is able to enhance the presence of key segments and groups vital to the community's cultural and economic well-being.\n \n \n National Bank acted as sustainability structuring agent in the design of this Net-Zero Transition Loan, with a social key performance indicator, aligned with the Canada Green Building Council's Zero Carbon Building Standard certification process. The transaction combines elements of traditional sustainable financing with emerging behaviour-based components to create financial incentives tied to a more holistic sustainability performance profile for Complexe du Canal Lachine.\n \n \n \"I am extremely proud of this transaction, which will allow us to finance major investments in the carbon transition of Complexe du Canal Lachine that will be measured according to ESG criteria,\" said\n \n Natalie Voland\n \n , Founder and President of Quo Vadis Capital. ...

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