Power Sustainable
Power Sustainable is a Montreal-based sustainable alternative asset manager operating across energy infrastructure equity, infrastructure credit, agri-food private equity, and mid-market decarbonization, serving institutional investors with CAD 3.9 billion in AUM.
- Company typePrivate
- Founded2019
- HeadquartersMontréal, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Power Sustainable does
Power Sustainable is a Montreal-based pure-play sustainable alternative asset manager that invests across the energy transition, agri-food, and critical infrastructure value chains. The firm operates four complementary platforms: Power Sustainable Energy Infrastructure (PSEI), which develops and operates renewable energy assets in North America through wholly-owned subsidiaries Nautilus Solar Energy (community solar across 12 U.S. states, approaching 600 MW operating capacity serving over 55,000 subscribers) and Potentia Renewables (utility-scale wind, solar, and Canada's largest battery energy storage system at 411MW/1,644MWh); Power Sustainable Infrastructure Credit (PSIC), a global high-yield infrastructure credit strategy with over US$1 billion in aligned capital; Power Sustainable Lios, a North American agri-food private equity platform; and Power Sustainable Decarbonization (PSD), a mid-market buyout strategy targeting energy, industrial, transportation, and built environment sectors.
The firm is a wholly-owned subsidiary of Power Corporation of Canada (TSX: POW), with Canada Life as a strategic partner and Great-West Lifeco as a minority shareholder (slightly below 20% stake acquired in May 2024). Power Sustainable generates revenue primarily through management fees on assets under management across its investment platforms, supplemented by fund performance/carry and transaction-related fees. As of June 30, 2024, the firm reported CAD 3.9 billion in assets under management, deploying capital through both fund vehicles and separately managed accounts alongside a concentrated institutional LP base (pension funds, financial institutions, and wealth management clients) with an average commitment of CAD 170 million. The firm's go-to-market relies on direct institutional sales, thought leadership (including CEO podcast appearances), and its relationship with the broader Power Corporation ecosystem.
Power Sustainable firmographics
Firmographics- Name
- Power Sustainable
- Legal name
- Power Sustainable Capital Inc.
- Website
- https://powersustainable.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Power Sustainable is a Montreal-based sustainable alternative asset manager operating across energy infrastructure equity, infrastructure credit, agri-food private equity, and mid-market decarbonization, serving institutional investors with CAD 3.9 billion in AUM.
- Ownership category
- akta.pro rank
Power Sustainable industry classification
Industry- Product category
- Sustainable Alternative Asset Management
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Renewable Energy Infrastructure (FSAAAKAG)
- akta.pro secondary industries
- Real Assets — Energy & Power Infrastructure (Renewables, Conventional, Storage) (FSAHAIAD), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Utility-Scale Power Generation Asset Management (EUAEAMAA)
Keywords
Where Power Sustainable is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Offices5 records
Markets served
Power Sustainable business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Power Sustainable generates revenue through management fees charged on assets under management across its investment platforms, including energy infrastructure equity, infrastructure credit, agri-food private equity, and decarbonization private equity strategies.
- Fund Performance/Carry: The firm earns performance-based returns through successful deployment and management of investment capital in sustainable infrastructure and private equity investments.
- Strategic Partnership Investment: Great-West Lifeco acquired a minority stake of slightly below 20% in Power Sustainable, demonstrating external capital commitment to the platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional investor mandates |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Power Sustainable product offering
Product offeringCore offering
Power Sustainable manages sustainable alternative assets across multiple dedicated strategies, including energy infrastructure private equity, agri-food private equity, infrastructure private credit, and decarbonization-focused investments. The firm raises and deploys institutional capital into sustainability-themed assets and operates renewable energy development platforms that originate and manage underlying projects.
Product overview
Power Sustainable is a pure-play sustainable alternative asset manager offering four complementary investment strategies: (1) Power Sustainable Energy Infrastructure (PSEI) through wholly-owned subsidiaries Nautilus Solar and Potentia Renewables focuses on renewable energy project development and operation; (2) Power Sustainable Lios (PSL) is a North American food-focused private equity platform for mid-market food businesses; (3) Power Sustainable Infrastructure Credit (PSIC) provides high-yield infrastructure credit with over US$1 billion in committed capital; and (4) Power Sustainable Decarbonization (PSD) invests in mid-market companies advancing decarbonization. With CAD 3.9B in AUM, the firm catalyzes capital towards clean global solutions across energy, agri-food, and critical infrastructure sectors.
Differentiator
Problem solved
Functional benefit
Brands
- Power Sustainable Lios: Food-focused private equity platform investing in mid-market North American food businesses.
- Power Sustainable Infrastructure Credit
- Power Sustainable Energy Infrastructure
- Power Sustainable Decarbonization
Products and services
- Power Sustainable Energy Infrastructure (PSEI)
Quantifiable outcome
- Approaching 600 MW operating solar capacity serving over 55,000 customers across 12 states
- +2 more outcomes
Companies that use Power Sustainable
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles2 records
Power Sustainable technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Power Sustainable partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Sagepoint EnergyminorPower Sustainable Infrastructure Credit provided $85 million senior secured financing to Sagepoint Energy, a vertically integrated RNG platform operating across landfill and dairy operations. Financing supports expansion of landfill RNG asset base and methane abatement outcomes.
- Algonquins of PikwakanaganminorIndigenous community partner and co-owner of Skyview 2 BESS project (Canada's largest BESS at 411MW/1,644MWh) alongside PSEIP.
- Farm Credit Canada (FCC)minorPower Sustainable Lios signed FCC's Agri-Food Innovation Investment Pledge, joining a coalition of institutional investors committed to accelerating capital deployment in Canada's agri-food sector by 2030.
Scale indicators16 records
Recent moves7 records
Expansion highlights6 records
Power Sustainable competitors and assessment
Company assessmentBroad incumbents
- Brookfield Asset Management: Toronto-based global alternative asset manager with the world's largest renewable energy and infrastructure platform. Brookfield is a comparable peer given its Canadian roots, multi-strategy alternative asset management model, and dominant position in renewable energy infrastructure equity and credit — the same niche Power Sustainable targets at smaller scale.
- Blackstone: The world's largest alternative asset manager with significant infrastructure and renewable energy exposure through its Blackstone Infrastructure Partners and Blackstone Credit funds. Comparable as a competing destination for institutional capital seeking sustainable infrastructure exposure, with materially larger scale.
- KKR: Global alternative asset manager with infrastructure, private equity, and credit platforms including meaningful renewable energy exposure. Comparable as a peer competing for the same institutional LP mandates with a much larger infrastructure platform (KKR Global Infrastructure Investors).
- Carlyle Group: Global alternative asset manager with infrastructure, energy, and credit strategies including dedicated climate and sustainable investing capabilities. Comparable as a multi-strategy alternative asset manager with sustainable infrastructure exposure competing for similar institutional capital.
Direct peers
- NextEra Energy Resources: World's largest renewable energy generator and a Florida-headquartered IPP/utility. Comparable to Power Sustainable's Potentia Renewables subsidiary in developing and operating utility-scale wind, solar, and battery energy storage assets across North America, including projects at gigawatt scale versus Power Sustainable's hundreds-of-MW footprint.
- Boralex: Canadian renewable energy IPP headquartered in Quebec developing and operating wind, solar, and storage assets across North America and Europe. Directly comparable to Potentia Renewables as a Canadian-based renewable developer with similar geographic focus and asset mix including utility-scale renewables.
- Northland Power: Toronto-based renewable energy IPP developing and operating wind, solar, and natural gas facilities globally. Power Sustainable's former head of Energy Infrastructure Investments (John Pires) came from Northland Power, and the firm is a direct peer in Canadian utility-scale renewable development and project financing.
- Clearway Energy: U.S.-listed renewable energy owner-operator with a portfolio of wind, solar, and energy storage assets. Comparable as a renewables-focused IPP with operational scale across multiple U.S. states, mirroring Nautilus Solar's distributed community solar and Potentia's utility-scale operations.
- I Squared Capital: Miami-based global infrastructure investor with renewable energy and infrastructure credit platforms. Power Sustainable hired multiple senior hires from I Squared Capital (Tom Murray, Daniel Fein) to build PSIC, making it a closely comparable direct peer in infrastructure credit and energy transition investing.
Emerging players
- Generate Capital: San Francisco-based sustainable infrastructure financier providing debt and equity for distributed energy, storage, and decarbonization projects. Comparable as a peer in sustainable infrastructure lending with overlap in distributed renewables, though smaller and earlier-stage than Power Sustainable's credit platform.
Market position
Weaknesses1 record
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Power Sustainable social profiles
Digital presencePower Sustainable financial estimates
Financial estimateRevenue estimate
Valuation estimate
Power Sustainable leadership team
Management profileNumber of profiles
Power Sustainable subsidiaries and ownership
Company hierarchySubsidiaries6 records
Power Sustainable funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Power Sustainable M&A and investment
M&A and investmentM&A
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Power Sustainable
What does Power Sustainable do?
Power Sustainable manages sustainable alternative assets across multiple dedicated strategies, including energy infrastructure private equity, agri-food private equity, infrastructure private credit, and decarbonization-focused investments. The firm raises and deploys institutional capital into sustainability-themed assets and operates renewable energy development platforms that originate and manage underlying projects.
Is Power Sustainable a public or private company?
Power Sustainable is a private company. It is classified as corporate owned and is currently operating.
When was Power Sustainable founded?
Power Sustainable was founded in 2019. It employs 51 to 100 people.
Where is Power Sustainable based?
Power Sustainable is headquartered in Montréal, Canada, in the North America region.
How does Power Sustainable make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are fund Performance/Carry and strategic Partnership Investment.
Who are Power Sustainable's main competitors?
Broad incumbents on record are Brookfield Asset Management, Blackstone, KKR and Carlyle Group. Direct peers are NextEra Energy Resources, Boralex, Northland Power, Clearway Energy and I Squared Capital. Generate Capital is listed as an emerging player.
Does Power Sustainable have an API?
No public API is recorded for Power Sustainable.
What industry is Power Sustainable in?
Power Sustainable's product category is Sustainable Alternative Asset Management. Its primary akta.pro industry code is FSAAAKAG, Renewable Energy Infrastructure, with a secondary code of FSAHAIAD, Real Assets — Energy & Power Infrastructure (Renewables, Conventional, Storage). Its NAICS code is 22111 and its SIC code is 4911.