Investment Fund
SOFIAC
Asset Class
Energy Transition Infrastructure
Turnkey solution in energy efficiency in the commercial and industrial sectors enabling GHG emission reductions in Canada and France. Developed in 2020 in partnership with Econoler, SOFIAC enables companies to increase their profitability and competitiveness by reducing energy costs and GHG emissions. Thanks to the involvement of key financial partners, SOFIAC is now the largest energy efficiency and decarbonization initiative for the private sector in Canada.
Key points
Investment Sector
Energy Efficiency
Funds, Size and Period
Fund I: CAD 40M - 2021-2041 SOFIAC France: EUR 60M - 2024-2044
SOFIAC France : 60 M EUR - 2024-2044
Geographic Presence
Canada, France
Investment Count
5
Fond d'investissement
PRIMAccès
Classe d'actif
Immobilier
Fonds dédié à améliorer l'accès au logement et à la propriété en investissant dans des projets de logements coopératifs au Québec, offrant des solutions abordables.
Développé en partenariat avec la Confédération québécoise des coopératives d'habitation et le Gouvernement du Québec, il vise à soutenir des initiatives qui favorisent l’accessibilité au logement pour tous.
Points clés
Secteur d’investissement
Logement abordable et social
Nombre de fonds et taille
90 CAD M$
2023-2027
Présence géographique
Québec (Canada)
Nombre d'investissements
1
Investment approach
Accelerating the Energy Transition
As energy efficiency is essential for lowering GHG emissions, decarbonizing the economy, while still responding to growing demand, SOFIAC supports energy efficiency projects that allow companies to remain competitive while reducing energy costs.
Through its hybrid financing strategy, SOFIAC leverages its equity commitments to secure non-recourse financing. To date, SOFIAC has secured senior financing amounts of CAD 145M in Canada and EUR 150M in France.
SDGs Pursued by the Fund
Each fund is based on a theory of change that functions as a conceptual framework for how investments are made towards social and environnemental goals, linked to the SDGs.
Accelerating change
Project Impact Indicators
775,675
1,275,528
51,835
Impact projects
Projects Supported by SOFIAC
IBM
- Implementation of conservation and energy efficiency projects in its manufacturing facility in Bromont, Québec.
- Domains: Heating, lighting, fuel conversion.
Montreal Airports
- Decarbonization, implementation of innovative energy solutions and a project to significantly reduce costs and energy consumption.
- Includes all airport infrastructures at Montréal-Trudeau International Airport (YUL) and Mirabel Airport (YMX).
Jean De La Mennais High School
- Major energy efficiency and GHG emissions reduction project.
- More than 700 tonnes of GHGs avoided each year, representing a reduction of 56%.
Our funds
Discover our Funds
SOFIAC
A turnkey solution in energy efficiency enabling companies to increase their profitability
and competitiveness by reducing energy costs and GHG emissions.
Inlandsis
A carbon finance fund that supports greenhouse gas reduction projects in North
America.
Circular Economy Fund
A venture capital fund that invests in and supports innovative companies in the circular
economy sector in Québec.
LCC
A growth capital fund that supports Québec companies offering innovative climate
solutions to reduce GHG emissions.
PRIMAccès
A fund dedicated to improving access to housing and homeownership by investing in
cooperative housing projects in Québec that provide affordable solutions.