POWER SUSTAINABLE ANNOUNCES US$600M COMMITMENT TO GLOBAL HIGH-YIELD INFRASTRUCTURE CREDIT STRATEGY ...Middle East

Strategy Focused on Infrastructure Projects That Deliver Decarbonization and Social Progress MIAMI and MONTREAL, Sept. 7, 2023 /PRNewswire/ — Power Sustainable, an alternative asset manager and wholly owned subsidiary of Power Corporation of Canada (TSX: POW), announces a US$600 million commitment for the Power Sustainable Infrastructure Credit (“PSIC”) strategy. Commitments to the strategy were made by subsidiaries of Great-West Lifeco (“Lifeco”). The strategy seeks to directly originate, structure, and manage infrastructure credit assets that demonstrate positive sustainability characteristics. PSIC targets investments in the energy and decarbonization, transportation and logistics, digi

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