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Clarington, Ajax, Belleville and Whitby to convert debt into $62M equity in Elexicon Energy, mayor says
On Sept. 17, 2025, Clarington Mayor Adrian Foster said Clarington, Ajax, Belleville and Whitby will convert shareholder debt to equity as part of a $62 million commitment to Elexicon Energy, a change he said is intended to support the local electricity grid. The comments were made in a statement posted