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adMare BioInnovations

Decarbonization as a driver of innovation

  • $3.2M invested
  • 59% in reduced GHG emissions
  • $224,000 in annual energy savings

The starting challenge

AdMare BioInnovations is an organization operating in the life sciences sector. With nearly 30 resident companies and over 350 scientists at its innovation centers, the organization is conscious of the impacts its facilities have on the environment. The research center wanted to implement decarbonization measures to reduce its carbon footprint without mobilizing its capital.

Creating value through decarbonization

AdMare BioInnovations took the initiative of collaborating with SOFIAC to develop an energy efficiency project in line with environmental values. The SOFIAC project not only reduced building GHG emissions, but also created financial value for the organization while improving the working environment for researchers. The avoidance of CAPEX will enable AdMare BioInnovations to continue its growth across the country.
Large-scale
  • $3.2 M invested by SOFIAC
  • 59% in reduced GHG emissions
  • 23% reduction in energy consumption
  • 675 tCO2eq/year avoided, equivalent to taking over 200 light vehicles off the road each year
  • More than $6000.000 in energy savings to the benefit of the client
Financial and strategic benefits
  • Avoided CAPEX – nearly $1 million in savings
  • Positive cash flow
  • Asset transfer
  • Optimized subsidies
  • Peak shaving
  • Improved working conditions (air quality)
  • Brand image and appeal
Our collaboration with SOFIAC is a win-win situation: We are reducing GHG emissions by more than 50%, and the savings generated in operating costs will enable us to maintain advantageous conditions for companies established in our Innovation Center.
Dominic Vachon
Senior Director, Operations and Innovation Centers, adMare BioInnovations

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