Power Sustainable Capital has launched the Power Sustainable Energy Infrastructure Partnership, an investment platform with an initial $1 billion dedicated to the renewable energy sector.
Power Sustainable, a global multi-platform alternative asset manager focused on long-term investments in sustainable strategies, will invest in the development, construction, financing and operation of renewable energy assets across North America, along with a group of select founding partners. Led by Desjardins Group, this group includes Great-West Lifeco, National Bank of Canada and Après-demain.
“This is a landmark moment for Power Sustainable, and the first of several projects we intend to bring to the sustainable investment marketplace in the coming years,” said Olivier Desmarais, chairman and CEO of Power Sustainable. “This new and unique partnership approach leverages decades of sound investment practices and is a true alignment of convictions from all parties involved.
