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* Who We Are * Team * Platforms * News * Careers * Contact Us * EN * FR * Who We Are * Team * Platforms * News * Careers * Contact Us * EN * FR NOUVELLES NEWS Power Sustainable Jun 15, 2022 POWER SUSTAINABLE ANNOUNCES INITIAL $210 MILLION CLOSING FOR AGRI-FOOD FOCUSED LIOS FUND I Power Sustainable Lios welcomes a select group of institutional investors to its inaugural fund dedicated to supporting the transformation of our food system Montreal, Quebec – June 15, 2022 – Power Sustainable, a global multi-platform alternative asset manager investing in sustainable strategies, today announced that it has closed an initial $210 million of aggregate capital commitments for Lios Fund I, its inaugural agri-food private equity fund. Initial investors include The Canada Life Assurance Company, Farm Credit Canada (FCC), Export Development Canada (EDC), Fonds de solidarité FTQ, BMO Capital Partners and CIBC. The fund targets total capital commitments of $300 million and is expected to close in the third quarter of 2022. Power Sustainable Lios invests in mid-market companies operating across the food value chain in North America, partnering with owners and operators to accelerate growth. Through majority or meaningful minority ownership participation, the fund aims to support companies who are well positioned to prioritize and improve sustainability across our food system, addressing changing consumer behaviours, constrained natural resources, and building greater resilience. “We are thrilled to welcome an initial group of limited partners who also see sustainability as a powerful driver of value creation,” said Olivier Desmarais, Chairman and CEO of Power Sustainable. “We will support the next generation of North American companies leading the transformation of the food system while addressing consumers’ growing demand for more sustainable options, creating value for our clients, our portfolio companies and society.” “As specialized agri-food investors, we believe our operating insights across the industry and deep sector experience position us as a partner of choice for agri-food companies, said Jonathan Belair, Managing Partner of Power Sustainable Lios. “Our primary objective is to support companies with our extensive sector knowledge and connectivity across North America to deliver strategic value well beyond capital, in support of accelerating sustainable growth and transformative change. We are delighted to welcome like-minded institutional partners into Lios Fund I.” “FCC serves as a catalyst for Canada’s agriculture and food industry,” said Rebbecca Clarke, Vice-President and Treasurer at FCC. “This investment demonstrates our long-term commitment to promoting sustainability throughout the food value chain, which is vital to the success of our customers, the industry and our planet.” “We are pleased to support Power Sustainable Lios on the creation of its private equity platform empowered to invest in medium-sized businesses innovating in the sustainable agri-food sector,” said Carl Burlock, Executive Vice President and Chief Business Officer, EDC. “From a trade perspective, agricultural exports are a significant contributor to our economy, and EDC is focused on enabling growth and investment into Canadian agri-food exporters in collaboration with partners like Power Sustainable Lios. Through these collaborations we can collectively meet the rising global demand for food while developing more sustainable ways to export food products around the world.” “Our support of Lios Fund I is in direct alignment with the mission of the Fonds de solidarité FTQ, enabling economic growth and development in the agri-food sector. This fund will help agri-food companies innovating in the face of current challenges, building on our historical investments of nearly $1.3 billion in the sector,” added Dany Pelletier, Senior Vice-President, Private Equity and Impact Investments of the Fonds de solidarité FTQ. Power Sustainable Lios is the latest investment platform of Power Sustainable, along with its energy infrastructure equity and sustainable China public equity platforms. For more information on Power Sustainable Lios, visit www.powersustainablelios.com. About Power Sustainable Power Sustainable is a global sustainable investment manager with offices in Canada, China, and the United States. We invest in companies and projects with the potential to deliver returns while contributing to decarbonization, social progress and quality growth. With approximately CAD $4.2B of assets under management, Power Sustainable deploys patient and purposeful capital in infrastructure, private equity, and public equities. For more information, visit www.powersustainable.com. For investors only David Gagnon, Partner Power Sustainable ir@powersustainable.com For media representatives only Catherine Thibault, Head of Communications Power Sustainable +1-438-300-1504 pr@powersustainable.com MCGILL’S SUSTAINABLE GROWTH INITIATIVE ANSWERS THE CALL FOR BUSINESSES TRANSITIONING TOWARDS A SUSTAINABLE ECONOMY by Power Sustainable | May 26, 2022 | Power Sustainable | 0 Comments Partnerships pave the way toward a brighter and greener future MONTREAL, May 26, 2022 - McGill University is proud to announce the launch of the Sustainable Growth Initiative (SGI), a new hub dedicated to providing businesses with actionable solutions for building a... read more POTENTIA RENEWABLES CLOSES THE FINANCINGS FOR FIVE WIND PROJECTS TOTALING 550MW IN ALBERTA, CANADA by Power Sustainable | Apr 8, 2022 | Sustainable Infrastructure | 0 Comments TORONTO (April 6, 2022) – Potentia Renewables Inc. (Potentia) is proud to have closed five unique, long term, non-recourse project financings for each of its Stirling, Wheatland, Jenner 1, Jenner 2 and Jenner 3 Wind Energy Facilities currently under construction in... read more POWER SUSTAINABLE LAUNCHES A NORTH AMERICAN AGRI-FOOD PRIVATE EQUITY PLATFORM WITH INAUGURAL $300 MILLION LIOS FUND I by Power Sustainable | Mar 30, 2022 | Sustainable Private Equity | 0 Comments Power Sustainable Lios is a specialized agri-food private equity investment platform, supporting the sustainability transformation occurring within our food system. Its inaugural fund will invest in mid-market companies across the value chain in North America.... read more GET IN TOUCH If you believe in purposeful performance, we would love to discuss with you. info@powersustainable.com * Follow Email Type your message here… Send Client portal 2022 Power Sustainable. All rights reserved. Terms and conditions – Privacy Policy 2022 Power Sustainable. 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