What reached financial close at Canada’s Infrastructure Bank

The annual additions changed the portfolio mix

Green infrastructure accounted for nine of the 23 new closes, and clean power had six. Public transit had only one new close that year but 15 cumulative closes, reflecting its earlier share of the portfolio. Source 1

Committed investment and project value are separate figures

The bank reported CAD 3.1 billion in new commitments for the year. It put cumulative commitments at CAD 15.8 billion across 94 projects, whose combined capital value was CAD 46 billion. The capital value includes funding beyond the bank’s commitments. Source 1

Financial close precedes later delivery milestones

The annual report distinguishes financial close, active construction and completion. It listed 63 projects in active construction and five completed when it presented the 94-close portfolio. The sector chart shows the financing milestone. Source 1

The subsequent update covers another period

In May 2026 the bank said 112 investments had reached financial close since inception by its next year-end. It reported 90 in construction and 13 complete. That update is a later portfolio snapshot. The sector comparison remains anchored to the earlier audited report period. Source 1 Source 2

Sources

• Canada Infrastructure Bank annual report 2024 to 2025, sector close table
• Canada Infrastructure Bank year-end 2025 to 2026 market update