Overview of investment

Founded in 2010, BluEarth Renewables is a Canadian energy firm that builds, finances, owns and operates renewable energy assets. The company has been recognised as one of Alberta’s Top 75 Employers.

Public benefits:

  • Generating clean energy
  • Improving education
  • Catalysing local economic development
Renewable Energy
Investment date
November 2019
DIF ownership stake


Students have benefited from the BluEarth scholarship programme


Construction jobs created in 2020 by BluEarth


Wind, hydro and solar facilities across North America


GW of clean energy generated, under construction and in early/late stage development

ESG impacts

BluEarth’s 650 megawatts of wind, hydro and solar facilities, with 2 gigawatts in development, are helping Canada and the US move to net zero by 2050. Their deep commitment to sustainability extends to day-to-day management of the assets too, for example adding 300 sheep to manage vegetation on a solar operation or building a 340-acre eco-passage in Ontario to help protect endangered species.

The firm’s social management systems mean the company builds in the highest standards of health and safety for its workers, and has a deep-rooted commitment to engage local communities in its decision-making process. This has seen them form business partnerships with local Indigenous communities on eight renewable energy facilities and created a highly-praised community investment programme investing around $100,000 annually in scholarships, food banks, mental health support and volunteering schemes.

“Leadership in renewables is about demonstrating that a transition to a low-carbon world is not only doable but cost-effective. We want to ensure our assets work in harmony with the surrounding environment and their communities.”

Vincent Liu,
Partner, DIF Capital Partners