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Kanin Energy closes $100M fundraise led by S2G Investments to scale its industrial waste heat to power projects across North America.
PRIVATESep 16, 2026•about 3 hours ago
Amount Raised
$100 Million
Round Type
Venture - Series Unknown
HoustonInformation Technology
Investors
Canada Growth FundS2 G Investments
Description
Kanin Energy has raised up to $100 million in new equity financing, with S2G Investments leading with a commitment of up to $50 million. The funding will directly support the development of waste heat to power projects across heavy industry in Canada and the U.S. This milestone allows Kanin to expand on its proven Energy-as-a-Service business model. The company aims to reduce costs and emissions for industrial operators while improving power reliability.
Company Information
Company
Kanin Energy
Location
4200 San Jacinto Street
Houston, Texas, United States
About
Kanin enables large industrial users to monetize their waste heat by providing end-to-end project development and financing to generate clean power. Our partners can reduce their carbon impact and don’t have to worry about efficiency projects that are “too small” for their core business.
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