13:11:29 EDT Fri 31 Jul 2026
Enter Symbol
or Name
USA
CA



Brookfield Asset Management Ltd
Symbol BAM
Shares Issued 1,638,206,711
Close 2026-07-30 C$ 67.19
Market Cap C$ 110,071,108,912
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Globe says Advantage Energy, BAM get behind Entropy

2026-07-31 08:14 ET - In the News

See In the News (C-AAV) Advantage Energy Ltd

The Globe and Mail reports in its Friday edition that a carbon-capture developer has begun operating a $200-million project in northwestern Alberta, and it is urging changes to federal carbon-credit policy to unlock significant investment in its unique technology. The Globe's Jeffrey Jones writes that Entropy Inc. is commissioning the largest commercial phase of its Glacier project, which features gear that captures carbon-dioxide emissions from one of Canada's largest natural gas processing plants and from an attached gas-fired turbine. The turbine provides electricity to the plant and can feed the Alberta power grid. The captured CO2 bonds with a solvent and is injected underground as the final stage of the proprietary process. Entropy is backed by Advantage Energy, Brookfield and Canada Growth Fund, the latter of which also struck a deal in 2023 to buy carbon credits from the development at a guaranteed price. Brookfield's first Global Transition Fund, one of the world's largest impact funds, was an early backer of Entropy, investing $300-million in 2022. With the technology scaled up, Entropy is looking to expand its use in other locations, such as power-hungry data centres and Alberta's oil sands.

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