Lemay and Fusion Énergie partner to decarbonize buildings
January 23, 2024
By Canadian Manufacturing
MONTRÉAL — Backed by the National Bank, the CDPQ and the Fonds régionaux de solidarité FTQ, Lemay is continuing its growth with the acquisition of the Quebec-based Fusion Énergie, known for energy solutions to energy management and optimization.
As 30% of all GHG emissions worldwide can be attributed to the building sector, reducing the energy consumption of our building stock is an essential and economically viable way to achieve carbon neutrality and limit the impacts of climate change.
Lemay and Fusion’s union will be an attempt at covering buildings’ entire lifecycles from design to operation. The fusion will reportedly deliver benefits in both the short- and long-term for both new and existing building stock, with considerable reductions in both energy costs and carbon footprints.
“Combining the power of design with technological innovation will enable us to accelerate our efforts to decarbonize built environments. We’ve already carried out energy simulations at the conceptual stage of our projects, but with Fusion’s energy intelligence, we will be able to monitor energy consumption proactively and measurably, make diagnoses, and offer appropriate responses in real-time throughout a building’s operation,” explains Lemay’s President Louis T. Lemay.
For Daniel Sarrazin, president of Fusion Énergie, this integration paves the way for opportunities for the company he founded and its employees. “As part of the Lemay team, we will be able to extend the reach of our energy intelligence solutions to new markets. We couldn’t be happier to join a firm that embodies the same human and environmental values as we do,” says Sarrazin.
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