Concert and GDI launch energy retrofit program - REMI Network
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Concert and GDI launch energy retrofit program

Thursday, June 12, 2025

Concert Infrastructure and GDI Integrated Facility Services Inc. (GDI) and Ainsworth Inc. have entered into a partnership to launch a national program that finances energy retrofits in aging buildings across Canada.

This partnership will finance the capital improvements in institutional, commercial and multi-residential buildings, supporting Canada’s transition to a low-carbon economy. The partnership will work with building owners to install new energy-efficient technologies and smart building solutions. These upgrades will reduce GHG emissions, lower energy consumption and generate operational cost savings.

Each project carried out by the partnership will vary in scale and approach. Once all retrofits are complete, it is estimated that approximately 44,000 tonnes of GHG emissions will be reduced per year. In addition, the projects are expected to support approximately 500 jobs in the trades sector. The first set of projects is expected to be announced in the coming months.

“This partnership reflects Concert Infrastructure’s long-standing commitment to responsible, long-term investments that improve the lives of Canadians while strengthening both local and national economies,” said Derron Bain, CEO of Concert Infrastructure. “By bundling retrofit projects into a structured portfolio, we’re creating an efficient investment vehicle that maximizes both financial and environmental outcomes—generating emissions reductions, supporting job creation and delivering long-term value for the pension plans that own us. With a clear focus on sustainability, resilience and social impact, we’re planning not just for today, but for the future of our communities.”

Services provided by the partnership include initial energy audits, energy modelling, system design, installation, commissioning, measurement and ongoing energy management, data analytics and energy optimization.

 

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