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Source verified July 12, 2026
Sofiac — Risk-free energy transition
Turnkey financing for business decarbonization projects
Funding available
Up to 100% of project cost
Deadline
Open continuously
Location
Canada
Overview
The SOFIAC turnkey investment solution supports Canadian businesses in their energy transition and decarbonization efforts with no upfront financial contribution. It covers energy efficiency and decarbonization projects, including financing, implementation, subsidy optimization, and performance monitoring.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Optimize production processes
- Reduce environmental footprint
Eligible Funding
- Up to 100% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Energy efficiency and decarbonization projects.
- Projects involving winter peak management, geothermal energy, or wind power.
- Turnkey energy retrofit and modernization projects.
Official resources
Eligibility
Who is eligible?
- Commercial sector businesses in Canada
- Industrial sector businesses in Canada
- Multi-residential sector businesses in Canada
Eligible expenses
- Project preparation, feasibility studies, and financial structuring.
- Engineering, procurement, installation, and commissioning of energy efficiency and decarbonization solutions.
- Measurement and verification of energy savings.
- Services from an energy service company (ESCO) for project development and implementation.
Eligible geographic areas
- Canada
Selection criteria
- Confirmation that the project meets SOFIAC's investment criteria.
- Agreement on the criteria needed to build the project's financial model.
How to apply
- Step 1: Project preparation
- Confirm that the project meets SOFIAC’s investment criteria.
- Agree on the criteria needed to build the project financial model.
- Sign a contract with SOFIAC.
- Select an energy service company (ESCO) to develop and implement the technical solutions.
- Step 2: Investment and implementation
- The ESCO conducts a detailed study to define the solutions to be implemented.
- Carry out detailed engineering and structure the savings measurement and verification plan.
- Implement the project and commission the equipment.
- Step 3: Performance monitoring
- Validate the performance of the implemented solutions.
- Apply the measurement and verification plan to the savings generated.
- Invoice savings according to the shared savings agreement.
Processing and Agreement
- The project is reviewed against SOFIAC’s investment criteria.
- A financial model is established with the client before contracting.
- A contract is signed between SOFIAC and the client.
- The project is monitored for performance, with savings measured and verified by an independent third party.
Additional information
- SOFIAC manages all project phases and assumes the financial and technical risks.
- Project assets are transferred to the client from day one.
- Available subsidies are optimized to reduce the amount to be reimbursed.
- The agreement is structured to preserve borrowing capacity.
Contacts
Frequently Asked Questions about the Sofiac — Risk-free energy transition Program
What is the Sofiac — Risk-free energy transition?
The SOFIAC turnkey investment solution supports Canadian businesses in their energy transition and decarbonization efforts with no upfront financial contribution. It covers energy efficiency and decarbonization projects, including financing, implementation, subsidy optimization, and performance monitoring.
How much funding can be received?
Sofiac — Risk-free energy transition Funds up to 100% of admissible expenses.
Who is eligible for the Sofiac — Risk-free energy transition program?
To be eligible for the Sofiac — Risk-free energy transition program, you must:
Canadian businesses in the commercial, industrial, or multi-residential sectors
Annual energy costs exceeding $750,000 (for a portfolio of buildings)
What expenses are eligible under Sofiac — Risk-free energy transition?
Energy efficiency and decarbonization projects.
Projects involving winter peak management, geothermal energy, or wind power.
Turnkey energy retrofit and modernization projects.
Who can I contact for more information about the Sofiac — Risk-free energy transition?
You can contact Sofiac energy performance by email at info@sofiac.ca or by phone at none.
Where is the Sofiac — Risk-free energy transition available?
The Sofiac — Risk-free energy transition program is available across Canada.
Is the Sofiac — Risk-free energy transition a grant, loan, or tax credit?
Sofiac — Risk-free energy transition is a Loans and Capital investments