Power Sustainable

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.

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

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

• Sustainable asset management
• Alternative investments
• Infrastructure equity
• Private credit strategies
• Decarbonization investments

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. Fund Performance/Carry: The firm earns performance-based returns through successful deployment and management of investment capital in sustainable infrastructure and private equity investments.
3. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core 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

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• Sagepoint EnergyminorStrategic or Co-development Partner · 24 February 2026Power 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 PikwakanaganminorStrategic or Co-development Partner · 12 February 2026Indigenous community partner and co-owner of Skyview 2 BESS project (Canada's largest BESS at 411MW/1,644MWh) alongside PSEIP.
• Farm Credit Canada (FCC)minorStrategic or Co-development Partner · 10 February 2026Power 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

Broad 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

• LinkedInlinkedin.com/company/power-sustainable-capital

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments13 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Power Sustainable