DS Lawyers acted as legal counsel to Eavor Technologies Inc., a Calgary-based advanced geothermal technology company, in securing an investment of up to C$138 million from Canada Growth Fund Inc. (CGF).
This investment supports Eavor’s ongoing development and commercialization of its proprietary Eavor-Loop™ closed-loop geothermal system, including the construction of its first commercial-scale facility in Geretsried, Germany. The financing further reinforces Eavor’s commitment to leveraging Canadian expertise to catalyze the next generation of global geothermal innovation.
DS Lawyers, a long-term advisor to Eavor, provided Eavor comprehensive legal counsel on all aspects of the financing, collaborating closely with Morgan Stanley & Co. LLC and National Bank Financial Inc., who acted as placement agents in the offering. This financing highlights DS Lawyers’ ongoing commitment to supporting innovative companies in their strategic growth and financing initiatives, both in Canada and internationally.
The DS Lawyers transaction team included Dale Burstall, Michael Ginevsky, and Thomas Heine.
To discuss how DS Lawyers’ high growth and venture capital professionals can provide legal support for your growth and financing needs, please contact Michael Ginevsky at mginevsky@dsavocats.ca.
About DS Lawyers Canada
Founded in 1972, DS Lawyers reflects an extraordinary business adventure spanning four continents.
Forward-thinking and adventurous, DS Lawyers was among the first French law firms to open offices in jurisdictions still considered “emerging” at the time. Now, those markets are engines of the global economy and international transaction hubs.
Today, DS Lawyers has about 400 legal professionals, including lawyers and other legal practitioners, and has developed dual expertise in transactional and contentious matters in all areas of business law.
