Svante, a Canadian carbon capture technology company, formerly Inventys, has appointed Steven Berkenfeld to its Board of Directors.
Berkenfeld previously served as a Managing Director in investment banking at Barclays Capital, where he was Senior Sponsor of the Social Impact Banking Initiative, co-heading the firm’s Cleantech Initiative, and leading the banking effort for Emerging Industrial Technology companies.
“With the broad and extensive experience in all aspects of investment banking and private equity, particularly in impact investing and sustainability, Steven will further strengthen our ability to unlock the capital needed to support the scaling of our business,” said Wayne Thomson, Chairman of Svante.
“Global markets and the broad financial sector have a powerful role to play in driving the transition to a net-zero carbon economy and supporting clean growth opportunities,” said Berkenfeld.
“Carbon capture and storage is an important and proven technology that is needed to support our efforts to slash emissions from hard-to-abate sectors such as cement, chemicals and hydrogen.”