Description

This working capital investment will position Barkley Project Group (Barkley) to further strengthen their project management capabilities, expand their service offerings, and grow their dedicated work in driving positive change in Indigenous communities. 

The opportunities in clean energy for Indigenous communities are rapidly growing, and the need for project management capabilities delivered through genuine relationships and aligned vision is ever-increasing. 

With this infusion of working capital, Barkley will be better equipped to support its clients through rapidly growing market opportunities in renewable energy and community infrastructure projects. The funds will support their ongoing growth in operations, including project planning, stakeholder engagement, technical assessments, and project management activities. 

By providing this debt investment, we aim to contribute to Barkley Project Group's efforts in realizing their vision of Indigenous communities thriving through climate action and community development. We recognize the immense value of their work in reducing diesel fuels from indigenous communities.  

Working capital financed through this project will enable Barkley to grow their team, invest in technological resources, and expand their reach to serve more Indigenous communities across the West Coast and beyond.

The Impact

Direct:  

• Economic Growth and Employment: By expanding its project management capabilities and offering services to more clients, Barkley can generate employment, skill development, and economic growth, contributing to the prosperity of the communities they serve.  

• Decouple economic growth from environmental degradation: promotion of sustainable practices with employees and clients through the deployment of environmentally friendly technologies that contribute to the climate transition. 

Indirect: 

• Improve resilience and empowerment of communities for their development: by serving over 35 indigenous communities in B.C. and the Yukon, the investment will expand Barkley’s services within the existing client portfolio and reach more communities, and support their capacity-building efforts, fostering self-sufficiency and sustainable development.  

• Increase clean and renewable energy production and consumption: through improving access to reliable and sustainable energy sources, Barkley enhances community resilience, reducing dependency on diesel generators, and improving the overall health and well-being of community members by providing cleaner and healthier energy options.  

• Improve awareness and capacity to act on climate change mitigation and adaptation: a recent announcement from the B.C. government identifies the need for additional clean energy procurement of 3000 GWh per year represents a significant economic development opportunity for indigenous communities, reducing reliance on fossil fuels and promoting a transition to renewable energy sources. Barkley will support indigenous communities accessing provincial funding to advance their own clean energy initiatives. Social and environmental risk assessments and climate resilience strategies will improve awareness and capacity to act on climate change for these communities.  

Contribution to the Sustainable
Development Goals

Sustainable Development Goals

Financial viability

This funding initiative aims to provide Barkley with the necessary working capital to fuel their growth and meet the increasing demands of their clients. As Barkley engages in longer sales cycles, they have experienced increased accounts receivables while also incurring higher wage expenses. This funding campaign will provide the financial support needed to address these needs.

Barkley demonstrates a strong equity ratio that surpasses industry benchmarks, indicating resilience against external shocks. Moreover, the company maintains a level of liquidity that exceeds industry standards, ensuring short-term solvency and financial stability. With a solid level of profitability, accounting for long-term investments, financial costs, and taxes, Barkley remains well-positioned to generate sustainable returns.

It's worth noting that the company has most of its debt obligations maturing beyond 12 months, which contributes positively to its short-term solvency and profitability. This strategic debt structure enhances the company's overall financial health and supports its ongoing operations and growth trajectory.

The Borrower

About Barkley Project Group Limited

Barkley Project Group (Barkley) is a dynamic project management firm in Western Canada, setting themselves apart through their commitment to supporting Indigenous communities’ sustainability visions. With a unique end-to-end approach, they lead comprehensive renewable energy and community infrastructure projects, building strong working relationships with First Nations. Their deep expertise across the clean energy value chain, long-term collaboration, and emphasis on community ownership and capacity building make them a trusted partner in driving sustainable community development and fostering resilience. 

The team

Yuho Okada

President

Ben Whyte

Director

Kass Harbottle

Project Manager

Mary Vasey

Project Manager

Stephen Rayner

Infrastructure Lead

Business Model

Updates