SOFIAC was established as an innovative financing mechanism resulting from a partnership between the Government of Québec and Desjardins Group, later joined by Fondaction. Its mission is to provide a one-stop shop for businesses in the commercial, industrial, and multi-residential sectors to finance and implement major energy efficiency and GHG emission reduction projects. The company's model allows clients to undertake these projects with no initial investment, using a portion of the future energy savings to repay the financing over a long-term period.

Founded in

Canada