The Inlandsis Fund
The Inlandsis Fund is a North American leader in financing projects that reduce greenhouse gas (GHG) emissions. It is the only Canadian fund with this exclusive focus, providing flexible capital solutions for new and expanding projects. The Inlandsis Fund originally worked only in regulated carbon markets, but has recently grown to finance biogas projects.
Fondaction, a Quebec pension fund and Coop Carbone, which share a commitment to harness markets to address climate change, launched the Fund in April 2017 after a year of market research. Inlandsis currently has 20 projects in it’s portfolio, including 16 anaerobic digestion projects in 8 US states producing electricity and carbon credits. The fund is actively looking to invest in more biogas projects. The Fund offers a variety of financing structures and typically provides one to eight million dollars per project, with a strong interest in establishing long-term partnerships.
Inlandsis is a targeted, knowledgeable fund with a streamlined process that allows it to move quickly to make investment decisions. Strategically located across North America, team members are based in British Columbia, Montreal and California. Reflecting the importance of the biogas market, Inlandsis is looking to hire a Vice President, Biogas responsible for building an investment portfolio of biogas projects. David Moffat, CEO of The Inlandsis Fund shares “We are a Canadian fund with a strong desire to support more projects in Canada. We are seeing opportunities where projects can contribute renewable natural gas to local markets, as well as generate credits for the LCFS markets in BC and California and hopefully for the future Clean Fuel Standard in Canada.”
Moffat’s knowledge of environmental markets provides him with a positive outlook for the biogas industry. “We are very excited for the future of the biogas industry. Our optimism is grounded in the systematic analysis we did last year to determine which markets to expand into, and biogas rose quickly to the top. We jumped into the market because there is enormous opportunity for growth and to support farmers and other stakeholders to reduce GHG emissions.”
The Inlandsis Fund became members of the Canadian Biogas Association (CBA) in February 2019. Being new to the industry, Inlandsis joined the CBA after hearing endorsements from other organizations, and as members they appreciate the personal engagement offered by the CBA.
