Financial Services

Parity Inc. in its closing of a US$4 million loan facility from NY Green Bank

Parity Inc.
Key Contact
Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Team
Jean-Christophe Leduc

Associate, Financial Services, Montréal

Samuel Alary

Associate, Financial Services, Montréal

Mikulas Arendas

Partner, Financial Services, Montréal

 

On September 12, 2023, Parity Inc, announced its securing of a US$4 million loan facility from NY Green Bank. Parity Inc. plans on using this financing towards their HVAC optimization solutions for energy efficiency in New York. It is noted that this NY Green Bank’s first transaction based on software as a service solution for energy efficiency building upgrades.

Parity Inc. is a HVAC optimization company that utilizes their software for energy saving solutions.

Osler, Hoskin & Harcourt LLP advised Parity Inc. with a team consisting of Hugo-Pierre Gagnon (Corporate), Mikulas Arendas, Samuel Alary and Jean-Christophe Leduc (Financial Services).

Value
$4 million
Date Closed
September 12, 2023
Lead Office
Montreal
Key Contact
Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Team
Jean-Christophe Leduc

Associate, Financial Services, Montréal

Samuel Alary

Associate, Financial Services, Montréal

Mikulas Arendas

Partner, Financial Services, Montréal