Login Search Infrastructure Equity Credit About Team ESG News Careers Contact BluEarth Renewables – Building out renewable energy generation capacity across North America Case study View all investments Overview of investment Founded in 2010, BluEarth Renewables is a Canadian energy firm that builds, finances, owns and operates renewable energy assets. The company has been recognised as one of Alberta’s Top 75 Employers. Public benefits: Generating clean energy Improving education Catalysing local economic development Sector Renewable Energy Investment date November 2019 Fund DIF V & DIF VI DIF ownership stake 100% 30 Students have benefited from the BluEarth scholarship programme 600+ Construction jobs created in 2020 by BluEarth 24 Wind, hydro and solar facilities across North America 2.6 GW of clean energy generated, under construction and in early/late stage development ESG impacts BluEarth’s 650 megawatts of wind, hydro and solar facilities, with 2 gigawatts in development, are helping Canada and the US move to net zero by 2050. Their deep commitment to sustainability extends to day-to-day management of the assets too, for example adding 300 sheep to manage vegetation on a solar operation or building a 340-acre eco-passage in Ontario to help protect endangered species. The firm’s social management systems mean the company builds in the highest standards of health and safety for its workers, and has a deep-rooted commitment to engage local communities in its decision-making process. This has seen them form business partnerships with local Indigenous communities on eight renewable energy facilities and created a highly-praised community investment programme investing around $100,000 annually in scholarships, food banks, mental health support and volunteering schemes. “Leadership in renewables is about demonstrating that a transition to a low-carbon world is not only doable but cost-effective. We want to ensure our assets work in harmony with the surrounding environment and their communities.” Vincent Liu, Managing Director, DIF Capital Partners Further case studies Previous Velfra – Reshaping lives and healthcare in Norway Loimua (utility district heating) – Heating up the race to net zero in Europe’s coldest climate Next Netherlands (HQ) +31 20 717 3151 Australia +61 2827 89790 Canada +1 437 538 3873 Chile +56 2 2402 4929 France +33 1 7170 4040 Germany +49 69 7191 8970 Luxembourg +352 26 27 21 22 Spain +34 91 737 87 78 United Kingdom +44 20 3873 2333 United States - © 2021 Disclaimer