Power Sustainable announces the formation of Power Sustainable Decarbonization Fund I LP

On May 1, 2025, Power Sustainable (“PS”) announced the formation of Power Sustainable Decarbonization Fund I LP (the “Fund”), a private fund that will seek to invest in established middle-market companies that contribute to a more resource-efficient and resilient North American economy. Target sectors include energy, industrials, transportation, and the built environment. The Fund has secured over US$330 million in commitments from partners including Canadian investors such as Canada Life, Export Development Canada (EDC), the Fonds de solidarité des travailleurs et travailleuses du Québec (FTQ) and Power Corporation of Canada, amongst others.

Power Sustainable is an alternative asset manager which invests in companies and projects that aim for competitive returns while also considering sustainability outcomes. The firm offers institutional investors exposure to alternative assets which aim to accelerate and scale sustainable solutions across multiple industries. 

McCarthy advised Power Sustainable with a team led by Mathieu Laflamme that included Liliana Korosi, Alexandre Saulnier-Marceau, Mireille Trottier, Asma Boudoukha, Mariève St-Pierre (Private Equity), Christian Meighen, Kassandra Grenier, Julien Leblanc, Hubert Cadotte, Emma Murrin (Tax), Sonia J. Struthers, and Kevin Gao (Securities Regulatory).