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Calgary

Exro lays off 60, ponders selling IP in strategic review

Tyler Choi Transportation Exro Calgary Sep. 3 2025

Exro Technologies Inc. (EXRO-T) announced it has laid off approximately 60 workers, including most in its Cell Driver and Coil Driver units, as it negotiates a credit facility and considers selling intellectual property as part of a strategic review.

'Milestone' credit facility for waste-heat-to-energy firm Kanin

Tyler Choi Energy Clean Energy Calgary Aug. 18 2025

Kanin Energy, a Calgary- and Houston-based firm, sees a great opportunity to access cheap, stable and clean electricity from heavy industry facilities by tapping into the waste heat from manufacturing and refining.

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