Power Sustainable Unveils $10 Billion Investment Plan for Canadian Infrastructure and Associated Companies

Key Takeaways

Power Sustainable plans to invest over $10 billion in Canadian projects over the next five years, focusing on infrastructure and clean energy.
The firm aims to enhance Canada’s economic and industrial sectors by targeting critical infrastructure and enabling businesses.
Investment strategies include energy, connectivity, clean energy, industrials, and agri-food sectors, with a focus on sustainable growth.

Investment Plans Unveiled

Power Sustainable, a prominent alternative asset manager, has announced a strategic plan to invest and mobilize over $10 billion into Canadian projects and companies over the next five years. This initiative aligns with opportunities already in development across various sectors, including infrastructure equity, infrastructure credit, clean energy, industrials private equity, and agri-food investment strategies.

The announcement precedes the inaugural Canada Investment Summit, set to occur in Toronto from September 14-15. Power Sustainable recognizes vast investment potential not only in major projects but also in essential infrastructure and support businesses that enhance Canada’s economic, energy, food security, and industrial competitiveness.

Bruce Heyman, CEO of Power Sustainable, emphasized Canada’s position as a leading investment opportunity globally. He noted, “This is a moment for private capital to act. Our strategy encompasses the development and ownership of infrastructure and tailored financings that are crucial to advancing these initiatives.”

Focused Investment Strategies

Power Sustainable operates through four primary strategies that enable unique insights across sectors essential for Canada’s growth:

Energy Infrastructure Equity: Through Power Sustainable Energy Infrastructure (PSEI), the firm has a robust portfolio in Canadian renewable energy, notably wind, solar, and battery storage. Noteworthy projects include Skyview 2, projected to become Canada’s largest battery energy storage installation.
Infrastructure Credit: Power Sustainable Infrastructure Credit (PSIC) provides customized financing for mid-market infrastructure efforts across energy, transportation, and environmental systems. Investments aim to enhance digital connectivity and support sustainable infrastructure projects.
Clean Energy and Industrials Private Equity: This strategy focuses on investing in mid-sized Canadian businesses that provide crucial services and equipment for building and operating infrastructure, targeting sectors like power systems and electrical infrastructure.
Agri-Food Private Equity: Power Sustainable Lios (PSL) prioritizes investments in agriculture and food systems, having partnered with notable companies and initiatives under Farm Credit Canada’s investment pledge.

The $10 billion commitment will be supported through direct capital deployment, co-investments, and third-party financing to bolster the initiatives Power Sustainable supports.

Connecting Capital with Opportunity

Power Sustainable collaborates with financial institutions to attract both domestic and international investors, further promoting capital investment within Canada’s evolving economy. Olivier Desmarais, Chairman of Power Sustainable, remarked on Canada’s readiness for significant foreign investment, highlighting the nation’s resources and capabilities to draw long-term capital.

In conclusion, Power Sustainable intends to leverage its expertise and connections to facilitate the growth of Canada’s critical infrastructure and contribute to sustainable economic advancement across multiple sectors, fostering long-term partnerships for success.

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