Power Sustainable Closes Out Vintage II with CAD $800M for Renewable Energy Push

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Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the “Fund”), for a final close of CAD $800 million for Vintage II. This brings the total capital commitment to the Fund to $1.8 billion.

We are very pleased to announce this final close of $800 million, particularly given current market and fundraising conditions,” said Pierre-Olivier Perras, Managing Partner of the Fund. “We are grateful for the continued support of our existing capital partners, and for the confidence shown in our team by new investors.

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The Power Sustainable Energy Infrastructure Partnership is led by Pierre-Olivier Perras and John Pires. As Power Sustainable’s pure-play renewable energy fund, its investment focus is on equity infrastructure in North America.