Power Sustainable Plans Over $10 Billion Investment in Canadian Infrastructure
Power Sustainable, a multi-platform alternative asset manager, announced a plan to invest and mobilize more than $10 billion into Canadian projects and companies over the next five years.
Power Sustainable intends to invest and mobilize over $10 billion into Canadian infrastructure projects and related companies within the next five years. The firm, specializing in alternative investment solutions, revealed its strategy on Monday.
The investments are expected to focus on opportunities that support the energy transition and sustainable development. The company did not specify the geographical focus within Canada for these investments or the precise criteria for selecting recipient companies and projects.
Power Sustainable manages multiple investment platforms with a stated goal of long-term value creation and sustainability. This significant investment initiative in Canada reflects the firm's commitment to the country's economic growth and its green transition efforts.
The plan aims to leverage Canada's potential in renewable energy and sustainable infrastructure. Further details regarding the investment strategy and target sectors are anticipated at a later date.