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Building Retrofits Initiative (SOFIAC Retrofits)
About
Inefficient energy use in large buildings is a major source of greenhouse gas (GHGs) emissions. Retrofits can significantly reduce GHGs and owner operating expenses, contributing to Canada’s transition to a low-carbon future. Our investment takes the form of a long-term, fully repayable loan. It allows building owners with minimum annual energy expenses of $1 million to see potential energy savings of 25% to 40%. They can leverage SOFIAC’s technical and financial resources to develop and implement retrofit projects. The goals are to optimize building energy performance and reduce carbon footprints, without requiring upfront investment or internal resources.
Applicants
Public Sector
Private Sector
Deadline
Ongoing
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