News

Financial Close Achieved on Manitoba Fibre Project

The Canada Infrastructure Bank (CIB), Valley Fiber Ltd. (Valley Fiber) and DIF Capital Partners (DIF) have formalized their agreement to invest in the Manitoba Fibre project.

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Canada Infrastructure Bank will invest up to $400 million towards the City of Brampton’s 450 zero-emission bus expansion

The CIB’s investment will contribute towards the upfront capital cost of the ZEBs and related charging infrastructure. This is the CIB’s third ZEB investment commitment with a municipality and supports one of the largest conversions of public transit vehicles in Canada to date.

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Canada Infrastructure Bank to invest in Tshiuetin Rail alongside the Government of Canada and Government of Quebec

The CIB will invest $50 million in the form of a long-term, fully repayable loan. The Government of Quebec will invest $5 million, repayable over the next two years.

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