10:12 AM EST - Razor Energy Corp. : And its partners, the federal government, through Natural Resources Canada (“NRCan”) and Alberta Innovates, are pleased to announce the funding of a co-produced geothermal electricity project utilizing an active oil and gas operation in Alberta. A $5-million contribution from NRCan’s Clean Growth Program, and a $2-million contribution from Alberta Innovates, demonstrates a commitment to cleaner energy creation. Under the terms of the contribution agreements, NRCan and Alberta Innovates will assist Razor’s development of a technically viable and commercially sustainable solution to recover geothermal waste heat. Razor Energy Corp.
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