About - Airex Energy

Meet our team

Airex Energy has attracted an experienced team of industry leaders to advise the company.

Over 30 years of experience in finance and large-scale industrial project deployment and scale-up.

Michel Gagnon

Chief Executive Officer

Extensive experience in complex project development and technological innovation.

Guy Prud’homme

Co-Founder and Chief Technology Officer

Over 30 years of experience in senior finance in innovative organizations.

Luc Veilleux, CPA

Chief Financial Officer

Over 25 years of experience in executive roles with multinationals and SMEs.

Patrick Lapointe

Chief Commercial Officer

Over 25 years of experience managing heavy industry manufacturing in both union and non-union workplaces.

Guy Veilleux, Eng., MBA

VP, Engineering and Manufacturing

Over 15 years of experience in water management and the energy sector.

Lylia Khennache, PhD

VP, Climate Solutions

CEO of 5N Plus and former Managing Director at Rio Tinto, a global leader in aluminum.
Chairman of the board of Nemaska Lithium and board member at Alliance Magnesium.

Gervais Jacques, Eng.

Chairman

Over 30 years of experience in finance and large-scale industrial project deployment and scale-up.

Michel Gagnon

Chief Executive Officer of Airex Energy

Extensive experience in complex project development and technological innovation.

Guy Prud’homme, Eng.

Co-Founder and Chief Technology Officer of Airex Energy

Partner, Cycle Capital Management, a Canadian venture capital firm focused on the clean-tech sector.

Pascal Drouin

Director

Former Vice-President at Resolute Forest Products, a global leader in the forest products industry. Also a member of the Ecofuel fund investment committee.

Pascale Lagacé, Eng. MBA

Director

CEO of Q2Power, a manufacturer of compost and engineered soils from recycled waste.

Kevin Bolin

Director

VP private placements and impact investments at the Fonds de solidarité FTQ.

Christian G. Brosseau

Director

INVESTORS

Airex Energy leading venture capital investors are a testament to the company’s growth potential.

Cycle Capital is a leading ClimateTech venture capital platform scaling impactful sustainable innovation. Founded in 2009, Cycle Capital invests across North America, Europe and Asia in growing companies commercializing solutions to the major ecological challenges and contributing to a net-zero transition. Cycle Capital is the founder of Cycle Momentum Accelerator + Innovation Engine. Cycle Capital has developed an ESG and impact assessment methodology integrated into the investment workflow from the pre-investment phase to the exit of the portfolio company.

Investissement Québec is a state-owned financing corporation that provides a wide array of financial solutions, including loans, equity financing and tax credits.

Investissement Québec’s assets under management exceed $6.8B, with more than $1.4B in venture capital and private equity funds.

Desjardins-Innovatech provides companies with capital, a business network, and the expertise needed to support them throughout their growth and expansion as well as in mergers, acquisitions, and IPO projects.

Desjardins-Innovatech, with assets under management of $1.6 billion, is a subsidiary of Desjardins Group, the largest cooperative financial group in Canada with $260 billion in total assets.

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies succeed on the world stage.

The Fonds de solidarité FTQ is a source of pride in Québec, fulfilling its mission through a unique business model created 40 years ago. Since then, the Fonds has rallied Québec into action thanks to the retirement savings of more than 765,000 shareholders.

With net assets of $18.9 billion as at November 30, 2023, the Fonds supports more than 3,700 companies through venture and development capital investments based on the belief that impact is created as much by financial as social returns.

PARTNERS