On May 29, 2025, a senior category manager at BC Hydro, located in British Columbia, Canada, received an email from her boss saying that the BC Government had passed an act and issued a directive that could completely or partially halt BC Hydro’s purchases of materials from the United States. BC Hydro, a provincial Crown corporation supplying electricity to 95 per cent of British Columbia, relied on American suppliers for much of its highly specialized .....more

In October 2022, Cameco Corporation (Cameco) announced the acquisition of US-based Westinghouse Electric Company LLC (Westinghouse) in partnership with Brookfield Renewable Corporation (Brookfield Renewable), which was expected to close in 2023. Westinghouse, the world’s largest nuclear services provider, went bankrupt in 2017 after significant delays and cost overruns on two nuclear reactor projects. When it emerged from bankruptcy in 2018, Westinghouse .....more

Ontario Power Generation (OPG), a provincial crown corporation, was presented with the opportunity to acquire up to four combined-cycle natural-gas-fired plants in Ontario in 2019. The acquisition cost was substantial: $2.8 billion for the assets from TC Energy and $200 million for the remaining stake in Brighton Beach Generating Station from Canada Utilities Limited. Acquiring these plants would significantly increase OPG’s share of Ontario’s natural-gas-fired .....more

West Bengal State Electricity Distribution Company Limited (WBSEDCL) faced challenges in managing its day-to-day cash requirements. Substantial cash was often blocked in receivables from domestic customers and regulatory deferrals. The company regularly took short-term loans from banks to meet its day-to-day needs, resulting in a debt-trap that the company wanted to avoid. WBSEDCL considered offering a cash discount to domestic customers for expediting .....more

Winsol, located in Addis Ababa, Ethiopia, was a company that manufactured solar charging products for farmers in rural Ethiopia. The company could not keep up with demand, and its founder wanted to move to an industrial park to expand operations. However, Winsol needed to meet the following qualifications within one year of moving into the park: have more than 30 employees; produce import substitutes or exportable products; and have registered business .....more

<p style="color: rgb(197, 183, 131);"><strong> AWARD WINNER: Honourable Mention in the 2025 Ivey Publishing Sustainability Case Writing Awards </strong></p><br><br>In October 2023, Zephyr Solaris Energy Corp., a leading renewable energy company in Taiwan, faced a crucial decision regarding expanding its solar installations in rural south Taiwan. At its Taipei headquarters, Chairman Li Ming-jie and the .....more

Vincent Maphosa was the founder and chief executive officer of Wetility, a solar energy start-up based in South Africa. On April 20, 2023, Maphosa faced a critical decision that could shape the financial trajectory of his emerging four-year-old business. Wetility was contending with a balance sheet weighed down by debt and significant operational pressures. Maphosa’s dilemma was choosing between securing potential equity investment and leveraging .....more

Nicole San Juan, a portfolio manager for Crown Asset Management Philippines’ Peso Global Sustainability Fund, was trying to complete her valuation of Alternergy Holdings Corporation (the Company) stock in time for its initial public offering (IPO) in March 2023. San Juan needed to assess the Company’ value, strengths, weaknesses, and prospects to determine whether the stock would be a good investment. The Company had many renewable energy projects .....more

Qulliq Energy Corporation (QEC) was a unique entity tasked with powering one of the world’s most remote and challenging regions: Nunavut, Canada. As the sole provider of electricity to the territory’s 25 isolated communities, QEC faced a daunting array of challenges, including extreme weather conditions, logistical complexities, and the high cost of diesel fuel. The case is set during a cybersecurity breach, underscoring the vulnerability of critical .....more

Burberry Group plc (Burberry), the 169-year-old luxury British brand, reported a major fall in its brand value and profits amid a slowdown in demand for luxury goods in Asia and the United States. Other luxury brands also reported slowdowns, but Burberry was facing the worst of it. In July 2018 the company made headlines for burning its unsold inventory, the start of one of Burberry’s most difficult periods. The fashion house tried to regain its place .....more