21 January 2025
SOFIAC is proud to announce a partnership with Collège Bourget to implement a large-scale decarbonization project, reinforcing its commitment to energy transition in educational institutions. Through this $4.8 million investment, Collège Bourget will achieve an impressive 87% reduction in its greenhouse gas emissions (nearly 1,200 tonnes of CO2 equivalent per year), making a meaningful impact in the fight against climate change.
In addition to its environmental impact, the project will generate $180,000 in annual energy savings for the College. These savings, resulting from improved efficiency, equate to a 37% reduction in total energy consumption.
Collège Bourget, which hosts 2,000 students from preschool to high school, has been engaged in an ecological transition initiative since 2022 in collaboration with Lab22. As part of this effort, the College is self-financing an ambitious renovation of its aquatic complex. SOFIAC’s innovative approach came at the right time, unlocking the full decarbonization potential of the institution without burdening its financial statements.
SOFIAC’s unique financing model, centered on energy efficiency and transferring asset ownership at the project’s outset, enables organizations to modernize their infrastructure while maintaining financial stability.
Stéphane Amyot, Director of Finance and Material Resources at Collège Bourget, stated: “This project, whose environmental impact will benefit current and future generations of the College, would not have been possible without SOFIAC’s financial and technical support.”
Christian G. Brosseau, President and CEO of SOFIAC, added: “SOFIAC commends the dynamic leadership of Collège Bourget’s management team and our partner C-nergie. This remarkable commitment greatly facilitated the development and mobilization of a project with significant environmental and social impacts. Realized in record time, this decarbonization project will hold a prominent place in SOFIAC’s investment portfolio for the next 15 years and beyond.”
With this project, SOFIAC continues to demonstrate its commitment and expertise in pushing the boundaries of building decarbonization in Quebec.
The energy efficiency measures will be implemented by C-Nergie, SOFIAC’s technical partner. Financial support from Environnement Québec, Énergir, and Hydro-Québec will complement SOFIAC’s investment to bring the project to fruition.
Founded in 1850, Collège Bourget is a private, non-profit educational institution offering French-language instruction from preschool to high school. It also provides English-language instruction from grades 9 to 12. Known for its beautiful nature-rich campus, state-of-the-art facilities, and sports programs, the College supports students on their path to success.
Collège Bourget’s mission is to foster the full potential of each student by nurturing their intellectual, creative, social, emotional, moral, spiritual, and physical development. It welcomes students with diverse learning paces and is committed to preparing them for lifelong success.
Launched in 2021, SOFIAC is an impact investment fund that helps businesses reduce their greenhouse gas (GHG) emissions while enhancing their competitiveness. SOFIAC’s investments and support throughout the project enable businesses to lower their carbon footprint and operate more cost-effectively. SOFIAC’s innovative business model allows its clients to immediately benefit from energy cost savings without requiring upfront investment.
Florent Moignard
Marketing & Communication Director
fmoignard@sofiac.ca
514 974-7671
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