The initial challenge
Lactalis Canada is a leading player in the dairy industry. Lactalis produces its own brands for the Canadian market, such as Cracker Barrel, Black Diamond, and P’tit Québec.
The group is committed to an ambitious decarbonization project with the goal of reducing GHG emissions by 30% by 2030.
Lactalis was looking for a partner to implement concrete decarbonization measures to meet the expectations of Canadian consumers.
SOFIAC was able to contribute its expertise to the decarbonization of the Laverlochère and Victoriaville plants in Quebec.
Financing decarbonization for a profound and sustainable impact
This SOFIAC investment has enabled energy efficiency measures to be implemented to make Lactalis’ two plants more resilient.
The project is generating significant energy savings as well as numerous strategic benefits in terms of sustainable commitments and high operational gains.
The structure of the SOFIAC solution will also enable Lactalis to maximize the financial benefits of decarbonization.
Results
- $11.5 M invested by SOFIAC
- 28% in reduced GHG emissions
- 5,632 tCO2eq/year avoided equivalent to 1,725 light vehicles taken off the road each year
- 11% in reduced energy consumption
- 1.6 MW in reduced winter peak load
- $650,000 in annual energy savings
- Avoided CAPEX = $3.5 million in savings
- Positive cash flow
- Asset renewal
- Optimized subsidies
- Accounting amortization
- Energy resilience
- Reduced operational risk
- Brand image and consumer appeal
The SOFIAC approach stood out due to technical expertise and understanding of our operational and environmental realities. This partnership allows us to accelerate our progress toward our emission reduction goals without compromising our business.John BaylissDirector of Energy and Environment at Lactalis Canada