On January 22, 2007, British Columbia Discovery Fund (VCC) Inc. announced that privately-held investee company, Day4 Energy Inc., had successfully raised over $11 million in the first closing of an equity financing placed by investment banker GMP Securities L.P. of Toronto.

Established in 2001, Day4 is a solar-energy company dedicated to producing affordable and efficient photovoltaic (PV) power generation solutions. Day4's vision is to be a leading global supplier of solar PV products based on its proprietary technology and to accelerate the transition of the PV industry from a niche market application to one of the key components of the global electrical power generation mix.

GMP Securities was advised in this transaction by a team from Fasken Martineau comprised of Georges Dubé, Doran Ingalls, Benjamin Lee and Michael Gleeson.