In an effort to improve energy efficiency and reduce its carbon footprint, the Montreal Port Authority (MPA) has partnered with SOFIAC, an investment fund specializing in decarbonization.

SOFIAC is supporting the Canadian port in a comprehensive energy efficiency project that can potentially reduce greenhouse gas emissions from its operational buildings by over 60%.

With a multi-million dollar investment from SOFIAC, the MPA will benefit from deep retrofits without investing its own capital. SOFIAC's innovative model allows the investment to be repaid by the energy savings generated by the project. In line with its comprehensive support approach, SOFIAC will oversee the entire implementation process with its technical partners, notably Siemens, the energy services company chosen for this important mandate.

The project targets the MPA's three main buildings:

* Cité du Havre Building
* MPA Headquarters
* Grand Quai of the Port of Montreal

The project will also address building infrastructure management, mechanical workshops, and rail operations located at 3400 Notre-Dame East.

"The project is a crucial step in our sustainability efforts and brings us closer to our goal of climate neutrality," said Benoit Viens, Senior Director, Environment and Real Estate at the MPA. "Thanks to SOFIAC's expertise and support, we will be able to achieve significant energy savings and reduce our environmental impact."