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.

SOFIAC enables energy efficiency project development, financing, and implementation thanks to an innovative business model that allows clients to benefit immediately from a portion of financial savings generated by reduced energy consumption due to 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 2030 Energy Policy aimed at improving energy-use efficiency by 15% and reducing the consumption of oil products by 40%.

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

What types of projects?

  • Aimed at improving the energy performance of buildings and industrial processes
  • Serving to reduce energy consumption from all sources
  • 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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