January 21, 2021
The Desjardins Group Pension Plan (DGPP) has contributed, along with 4 other Desjardins Group entities, to a $330 million total investment in a new $1 billion investment platform dedicated to the North American renewable energy sector.
By entering into this partnership with Power Sustainable, which is a subsidiary of Power Corporation of Canada doing business as a global alternative asset manager, the Desjardins Group becomes a strategic anchor investor in the platform.
This investment follows two important transactions made in recent months in wind farms and solar projects in Taiwan and the United States.
To date, the DGPP has invested approximately $1 billion in the renewable energy sector.
Sylvain Gareau
Vice-president
Desjardins Group Pension Plan Division
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