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Toronto Atmospheric Fund · 2025-02-18 · 2025.TA9.2

The filed record

Peak Power

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The decision

2025-02-18 · Toronto Atmospheric Fund · adopted

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Received the report (February 3, 2025) from the Vice President, Impact Investing, Toronto Atmospheric Fund for information.

On the agenda

As the city filed it

In 2021, along with other co-investors, the Toronto Atmospheric Fund made a direct investment in Peak Power based on due diligence that indicated the Toronto Atmospheric Fund's investment would enable this local company with a strong mandate alignment to realize its growth potential. A presentation by Peak Power's Chief Executive Officer, Derek Sim Loo, will showcase the company's progress since the Toronto Atmospheric Fund's initial investment and our work together to achieve mutual objectives.

Staff recommended

The Vice President, Impact Investing recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Receive the report for information.

    On the record

    The item as the City filed it

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