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TORONTO, ON – Efficiency Capital is pleased to announce that it placed No. 31 on the 2021 Report on Business ranking of Canada’s Top Growing Companies.

Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Efficiency Capital earned its spot with three-year growth of 1998%.

Offering efficiency-as-a-service, Efficiency Capital develops, invests in and manages energy infrastructure upgrades in buildings of all kinds. The company’s innovative business model disrupts traditional energy efficiency offerings by providing end-to-end solutions with no upfront capital needed, meaning building owners, operators, asset managers and board members receive the benefits of efficiency upgrades—including increased asset value, decreased carbon emissions and improved building health—without taking on any risk.

“We are thrilled to be recognized as one of Canada’s top growing companies, leading the charge within the energy efficiency sector,” says Chandra Ramadurai, CEO of Efficiency Capital. “Our model addresses and eliminates several market barriers to energy efficiency, implementing low-carbon solutions to make buildings more resilient, reduce greenhouse gas emissions and create healthier and happier spaces for occupants. As a one-of-a-kind business in Canada, we look forward to growing even more and establishing this market approach while continuing to fight climate change.”

Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 448 companies earned a spot on this year’s ranking. The full list of 2021 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online.

“As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical insights for other firms facing similar challenges,” says James Cowan, Editor of Report on Business magazine. “The entrepreneurs behind these companies are smart, tenacious and unwavering in their commitment to their goals.”

“Any business leader seeking inspiration should look no further than the 448 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.


About Efficiency Capital

Offering energy savings as a service, Efficiency Capital is a unique performance-based investment solutions provider that upgrades the energy and environmental performance of buildings with no upfront cost to the owner. Efficiency Capital partners with multi-residential, social housing, commercial, industrial and institutional building owners to fund, develop and manage sustainable upgrades. Guaranteed to reduce costs, decrease carbon footprints and increase asset value, Efficiency Capital offers an array of funding solutions, with the primary solution being the award-winning ESPATM (Energy Savings Performance Agreement) developed by The Atmospheric Fund (TAF).

For more information, visit efficiencycap.com

Media Contact

Dena Gouweloos
Bubblegum Canada