Canadian Biomass Magazine

BDO Zone Initiative adds IFG Asset Management as strategic alliance partner

May 2, 2022
By BDO Zone Initiative

Ecostrat is pleased to announce that IFG Asset Management has joined the BDO Zone Strategic Alliance as a partner in the Capital Markets group. BDO Zone Strategic Alliance Partners are best-of-kind companies that help de-risk biobased project development in BDO Zones.

“IFG is excited to be part of the BDO Zone Initiative,” says Eric Edwards, managing partner at IFG Asset Management. “IFG is committed to advancing the Bioeconomy and the production of biobased products through our impact-focused advisory and investment activities, where our ability to serve as both a trusted financial adviser and direct investor creates a strong alignment of interests and ensures value creation beyond just capital. Nowhere is this commitment more visible than in Viridis Chemical, a renewable chemical manufacturer co-founded by IFG where we served as both exclusive financial advisor and direct co-investor.

We believe Viridis serves as a testament to the great things that can happen when you bring together an experienced entrepreneurial management team with a best-in-class group of project partners to harness the power of technology and innovation. We are honoured to be a part of the BDO Zone Strategic Alliance Capital Markets group and look forward to working with the BDO Zone community to build a diverse and resilient bioeconomy in North America.”

Jordan Solomon, president of Ecostrat, states: “We welcome IFG Asset Management as a new Capital Markets group member to the BDO Zone Strategic Alliance. The addition of IFG and their sophisticated commitment to industry specialization will provide valuable investment tools in the growth of the bioeconomy, increasing the ease with which new bio-based plants are built.”

American biomass provides an economic development engine with the potential to create 160,000 jobs and nearly $15 billion of economic benefit. The BDO Zone Initiative can help the U.S. realize this potential by supporting new market development for American bioenergy, advanced biofuels, biobased heat and power, bio-materials, and clean hydrogen.

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