Who is Naveco Power?

Before we dive into who Naveco Power is, we should start with what exactly “Naveco” stands for. It’s actually a combination of the words “navigating” and “economy.” In 2015 our Founder, Amit Virmani, started Naveco with a mission to develop clean energy projects which benefit the economy and environment while keeping New Brunswick investments local […]

One Simple Reason We Need More Clean Energy

Ever hear the word “inexhaustible? It means “Unable to be used up because existing in abundance.” Now if the world could gain electricity from an inexhaustible source of energy…well that would solve a lot of the world’s problems. Renewable energy defined by dictonary.com is “Any naturally occurring, theoretically inexhaustible source of energy, as biomass, solar, […]

Every Investment Has An Impact

In recent years, the term “impact investing” has taken on many different meanings. It was first coined in 2007, however, impact investing was happening prior to that time.   The most common definition of impact investing refers to investments made into businesses, establishments, and funds with the purpose of producing a measurable, valuable, societal or […]

Innovative Investing

In today’s world, we as consumers have some of the fastest moving information systems ever. How does Naveco Power plan to utilize this? We’re going to use those information systems from around the globe and local communities to create innovation in New Brunswick. In short, Naveco Power will be creating jobs, cutting greenhouse gasses (that […]

Spem Reduxit

“Spem Reduxit”… What?  You’ve never heard that before?  Well, as a matter of fact, it is actually New Brunswick’s motto!  ‘Spem Reduxit’ translates to ‘Hope Restored’, which is a motto that Naveco Power can get behind. If you haven’t realized, the colours in our logo are straight from the New Brunswick flag! Naveco Power is […]

How & Why to Invest in a CEDC

By now, you may (or may not!) know that Naveco Power is working towards becoming a Community Economic Development Corporation- or a community investment fund- in New Brunswick. Investing in a CEDC and Naveco Power will create opportunities for NB’ers, benefits for the investor, and a clean economy for all!   To be an eligible […]