Power Sustainable, the alternative asset management subsidiary of Power Corporation of Canada, has announced the launch of Power Sustainable Decarbonization Private Equity—a new investment strategy aimed at accelerating the transition to a low-carbon economy across North America.
With over $330 million in committed capital, the strategy will focus on middle-market companies operating in critical sectors such as energy, industrials, transportation, and the built environment. Backers of the initiative include Canada Life, Export Development Canada (EDC), Fonds de solidarité FTQ, and Power Corporation of Canada.
The fund is designed to identify and scale established U.S. and Canadian businesses that are positioned to deliver both strong financial returns and measurable sustainability impact. By partnering with management teams, Power Sustainable aims to strengthen operations and catalyze growth, fostering companies that are essential to the climate transition.
The strategy is led by Managing Partners Karine Khatcherian and Martin Aares, both of whom joined the firm in 2023. Khatcherian noted that the fund enters the market at a pivotal moment:
“There’s a significant gap in middle-market strategies targeting climate impact. We see a compelling opportunity to build and reinforce the ecosystems and supply chains that underpin the energy transition in North America.”
Aares emphasized the firm’s collaborative approach:
“We’re focused on companies whose products and services directly support decarbonization and economic resilience. These are undercapitalized opportunities with outsized potential—we’re excited to pursue them in partnership with visionary management teams and committed capital providers.”
With this strategy, Power Sustainable continues to sharpen its focus on impact-driven investments, positioning itself as a key player in financing the next phase of the climate economy.
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