Based on financial innovation and operational flexibility, SOFIAC (Société de financement et d’accompagnement en performance énergétique) helps commercial and industrial sector businesses increase their profitability and competitiveness while contributing to the necessary energy transition and the fight against climate change.

SOFIAC enables the development, finance, and implementation of energy efficiency projects and carbon footprint reductions thanks to an innovative business model offered to clients. Clients can benefit immediately from a portion of financial savings and enjoy all the environmental benefits generated by reduced energy consumption and decreased greenhouse gas (GHG) emissions from project implementation.

Objectives

Increase the profitability and competitiveness of Quebec businesses by reducing energy consumption and costs

Contribute to an effective, profitable, and inclusive energy transition to benefit Quebec businesses, government, and the economy

Fight against climate change by reducing greenhouse gas emissions

SOFIAC contributes to achieving the objectives of the MERN 2030 Energy Policy as well as the objectives under the Pan-Canadian Framework on Clean Growth and Climate Change in compliance with the commitments made by Canada under the Paris Agreement.

Who SOFIAC Targets

What types of businesses?

  • Quebec commercial and industrial sector businesses and multi-unit residential building owners
  • Businesses whose annual energy expenses are $1,000,000 or more for a portfolio of buildings and/or plants
  • Businesses interested in reducing their energy consumption and environmental footprint and GHG emissions

What types of projects?

  • Aimed at improving the energy performance of buildings and industrial processes
  • Serving to reduce energy consumption from all sources
  • Leading to reduced GHG emissions
  • Being profitable thanks to energy savings over a maximum period of 15 years

The fruit of a structured partnership

SOFIAC was established by Econoler and Fondaction,
with the support of the Government of Quebec.

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