CIB to fund Ameresco-led energy retrofits in Canadian buildings
The Canadian Infrastructure Bank (CIB) is supporting Ameresco Inc. with $100 million in funding to complete energy retrofits to decarbonize commercial and industrial buildings in Canada.
Richmond Hill, ON-based Ameresco is a cleantech integrator and project developer, owner and operator. With the help of funding from CIB, the company will identify and manage upgrade projects, including LED lighting conversion, high-efficiency electrified HVAC, onsite solar plus battery storage, and other greenhouse gas (GHG) reducing technologies.
The upgrading projects are expected to reduce GHG emissions by 33,000 tonnes annually.