Cenovus Energy Inc. invested $2.5 million in Skyonic Corp., a company that develops technology to turn carbon dioxide emissions into profitable products.
Skyonic of Austin, Tex., is deploying its technology at a full-scale commercial facility.
The investment was made through the Cenovus Environmental Opportunity Fund, which makes strategic investments in companies pursuing technological innovations for the energy industry. The fund is a wholly-owned subsidiary of Cenovus.
