Fondaction CSN joins Énergère as shareholders and injects $ 8,250,000 to accelerate the implementation of the company’s business strategy.
Since 1997, Énergère has successfully completed more than 500 energy efficiency projects across the province of Quebec in municipal, institutional, commercial and industrial markets. The energy efficiency projects designed by Énergère promote the growth of a greener economy and represent the essence of the company’s business for nearly 20 years. Énergère’s strategic plan is aligned with Fondaction’s mission, focusing on companies that integrate environmental protection into their developmental policies. The arrival of this new shareholder will support, and even accelerate, the growth of Énergère by expanding its service offering and helping to develop new markets.
Fondaction helps Quebecers prepare for retirement by offering affordable retirement savings to everyone. The savings collected are invested in companies across Québec. This way, Fondaction helps create and maintain quality jobs, contributing to a stronger, more equitable and greener economy. Created in 1996, Fondaction is a labour-sponsored fund with assets in excess of $1.2 billion collected as retirement savings from close to 128,000 shareholders. Fondaction’s direct investments and those made through investment funds support the development of 850 SMEs in different lines of business, in large part involved in various components of the social economy. www.fondaction.com
The Énergère team is delighted with this new partnership and would like to thank Fondaction CSN for their trust.