Department of Finance Canada said the Canada Growth Fund made a $20 million strategic commitment to Solugen, a clean-technology company working on fertilizer made from organic waste.
The commitment formed part of a $50 million equity commitment alongside Idealist Capital. Finance Canada said the financing would support Solugen's next stage of growth and commercial expansion.
Solugen produces and commercializes Azogen, a fast-release liquid ammoniacal nitrogen fertilizer derived from hog manure. That detail matters because the project is positioned at the intersection of agriculture, waste management, and lower-emission industrial production.
The federal release framed the investment around sustainable farming practices, low-emission technologies, and productivity in the agricultural sector.
The Canada Growth Fund is a $15 billion arm's-length public investment vehicle created to attract private capital into Canadian projects and businesses.
As of March 2026, Finance Canada said the fund had announced 20 transactions and committed more than $5 billion across six provinces.
Public investment is being used to support a private clean-technology company whose growth could affect agricultural inputs, regional employment, and taxable business activity.