On July 6, 2022, Fonds de solidarité FTQ announced the closing of a C$8 million Series A funding round of 7 Generation Capital, a Vancouver-based company specializing in the transition of commercial vehicle fleets to electric vehicles and charging infrastructure.
The financing was led jointly by Fonds de solidarité FTQ and Siemens Financial Services, the financial services division of the international company Siemens. This will enable 7 Generation Capital to accelerate the deployment of its electric trucks and buses, as well as the development of its software platform to facilitate project development.
A Fasken team composed of Vincent Laforest-Lapointe, Frédéric St-Jean, Julien Langlois and Geneviève Laliberté advised the Fonds de solidarité FTQ on this transaction.Jurisdictions
- British Columbia
- Québec