Date Closed

December 14, 2023

Lead Office

Québec City

Value

60.00 Million EUR

On January 16, 2024, Mirova, an affiliate of Natixis Investment Managers ("Natixis") dedicated to sustainable finance, ADEME Investissement ("ADEME") and Fondaction, le Fonds de développement de la Confédération des syndicats nationaux pour la coopération et l’emploi ("Fondaction") announced an investment of €60,000,000 in SOFIAC France to improve the energy efficiency of businesses in France.

SOFIAC France develops, manages and invests in decarbonization projects and major eco-energy renovations for businesses in the service and industrial sectors, as well as for condominiums. SOFIAC France takes inspiration from SOFIAC Canada. 

Fondaction is working to make the Québec economy fairer, more inclusive, greener and more efficient. 

Fondaction, gestion d’actifs inc. ("FGA") is an independent subsidiary of Fondaction that manages specialized funds in areas such as energy efficiency, soil conservation and the circular economy. 

Mirova is an asset management company offering investment solutions that combine financial performance with environmental and social impact. 

Natixis is dedicated to advancing sustainable finance and developing innovative ESG products. 

Ademe makes an equity investment in innovative infrastructure projects in all sectors of the energy and ecological transition.
 
McCarthy Tétrault advised FGA in connection with the investment of Fondaction with a team led by Mathieu Laflamme that included Alexandre Saulnier-Marceau and Kim Godbout (Business).