Led by a highly experienced investment team, the Strategy will target companies that contribute to future proofing critical sectors of the North American economy.
Montreal and New York City, May 1, 2025 – Power Sustainable announced today the launch of its fourth investment group: Power Sustainable Decarbonization Private Equity (“Power Sustainable Decarb PE” or “the Strategy”).
Power Sustainable Decarb PE will seek superior risk-adjusted returns by investing in established middle-market companies that contribute to a more resource-efficient and resilient North American economy. Target sectors include energy, industrials, transportation, and the built environment.
The Strategy has secured over US$330 million in commitments from partners including Canada Life, Export Development Canada (EDC), Fonds de solidarité FTQ, and Power Corporation of Canada, amongst others.
“Launching this strategy today carries real significance,” said Ambassador Bruce Heyman, CEO of Power Sustainable. “At a time of shifting priorities on the global stage, we’re seeing renewed momentum – and strong conviction from our capital partners. These commitments reflect more than capital: they reflect a shared belief in the many opportunities ahead.”
Power Sustainable Decarb PE is led by Karine Khatcherian and Martin Aares, each with over 20 years of climate investing experience and deep sector knowledge. This marks their third collaboration over the course of their careers.
“We’re thrilled to join Power Sustainable,” said Ms. Khatcherian. “We see a clear gap in middle-market strategies focused on climate. We believe this creates a compelling opportunity to invest in and scale the ecosystems and supply chains that support the energy transition across Canada and the U.S.”
“We will partner with management teams whose products and services help decarbonize the economy and strengthen its resilience. We look forward to pursuing these untapped opportunities alongside our capital partners,” added Mr. Aares.
“Canada has a unique opportunity to lead in reducing emissions, and our country’s medium-sized companies are well positioned to accelerate decarbonization efforts while enhancing competitiveness,” says Guillermo Freire, Senior Vice-President, Mid-Market Group, EDC. “We’re thrilled to partner with Power Sustainable on this private equity strategy, which will help address the need for this type of capital. This announcement strengthens EDC’s goal of helping Canadian medium-sized cleantech companies accelerate their international growth momentum.”
With the establishment of Power Sustainable Decarb PE, Power Sustainable manages a diversified platform of four complementary strategies: energy infrastructure equity, sustainable agri-food private equity, decarbonization private equity, and sustainable infrastructure credit.
About Power Sustainable
Power Sustainable is an alternative asset manager which invests in companies and projects that aim for competitive returns while also considering sustainability outcomes. The firm offers institutional investors exposure to alternative assets which aim to accelerate and scale sustainable solutions across multiple industries.
Power Sustainable is a subsidiary of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E), an international management and holding company that focuses on financial services in North America, Europe, and Asia.
With CAD $4.2 billion in assets under management (as of December 31, 2024), Power Sustainable’s mission is to catalyze capital towards clean global solutions. Learn more on Power Sustainable’s LinkedIn and Website.
For more information, contact:
Fanny Castonguay-Babin