SOFIAC to invest $10.5M to decarbonize 2 Quebec schools
Montreal-based investment fund SOFIAC will invest $10.5 million into decarbonization initiatives at Quebec educational institutions Collège Bourget and Campus Notre-Dame-de-Foy.
The investments are aimed at slashing the greenhouse gas emissions of Collège Bourget, a private grade school in Rigaud, and Campus Notre-Dame-de-Foy, a college in Saint-Augustin-de-Desmaures.
Collège Bourget is aiming for an 87 per cent cut to its annual greenhouse gas emissions - approximately 1,200 tonnes of carbon dioxide (CO2) - with a $4.8-million investment.
Campus Notre-Dame-de-Foy will be targeting an over-40 per cent reduction in CO2 per year - a cut of over 600 tonnes of CO2 - courtesy of a $5.7-million investment.