CPE News (2.9.2022) – Pomerleau Capital has launched PCap Infrastructure & Renewables Fund, to supplement its existing work in the financing of infrastructure and renewable energy projects.
With the backing from Caisse de dépôt et placement du Québec (CDPQ), PCap Infrastructure & Renewables Fund will deploy over $85 million in long-term equity investments in infrastructure and renewable energy projects across Canada and the U.S. that have the ability to generate stable and predictable revenues. The target infrastructure sectors covered by the Fund include wind and solar power, as well as power storage, hospitals and senior housing, roads, bridges and tunnels, manufacturing installations, office towers and data centers.
PCap Infrastructure & Renewables Fund will create long-term value for its investors by leveraging Pomerleau’s construction experience and its #1 position in Canada in renewable energy projects through its subsidiary Borea Construction.
Montréal based Pomerleau Capital is the private infrastructure investment and financing subsidiary of Pomerleau, specialized in deal sourcing, project financing, capital raising, equity investments, and asset management. To date, Pomerleau Capital has raised over $2 billion in financing for large and complex infrastructure projects. The firm, notably through its infrastructure fund, manages a portfolio of assets totalling approximately $750 million with a focus on impactful projects that contribute to the development of healthy and sustainable communities.
“This is an exciting time for Pomerleau Capital as we seek to seize the great opportunities ahead of us to shape the future in a sustainable way. Communities need hospitals, public transportation, renewable energy production facilities and infrastructures of the highest quality while investors want to be involved with real asset projects that will not only provide them with excellent and steady returns, but will also have a positive societal impact”, said Philippe Adam, President of Pomerleau Capital and Executive Vice President & CFO of Pomerleau. “Our leading construction operations will allow us to invest early in these complex projects as we are effectively managing the construction part of the process, while providing us with a natural deal flow pipeline,” he added.
photo credit: Pomerleau Capital
News Release
Pomerleau Capital announces the launch of PCap Infrastructure & Renewables Fund
The launch of the Fund will supplement the existing work of Pomerleau Capital,which has been involved in the financing of more than $2 billion infrastructure and renewable projects since 2018
Montréal, (Québec), February 9, 2022—Pomerleau Capital announces the launch of PCap Infrastructure & Renewables Fund (the “Fund”), to supplement its existing work in the financing of infrastructure and renewable energy projects. The Fund, which has received the backing from Caisse de dépôt et placement du Québec (CDPQ), will create long-term value for its investors by leveraging Pomerleau’s construction experience and its #1 position in Canada in renewable energy projects through its subsidiary Borea Construction.
“This is an exciting time for Pomerleau Capital as we seek to seize the great opportunities ahead of us to shape the future in a sustainable way. Communities need hospitals, public transportation, renewable energy production facilities and infrastructures of the highest quality while investors want to be involved with real asset projects that will not only provide them with excellent and steady returns, but will also have a positive societal impact”, said Philippe Adam, President of Pomerleau Capital and Executive Vice President & CFO of Pomerleau. “Our leading construction operations will allow us to invest early in these complex projects as we are effectively managing the construction part of the process, while providing us with a natural deal flow pipeline,” he added.
Under the leadership of a skillful management team with extensive infrastructure experience, the Fund will deploy over $85 million in long-term equity investments in infrastructure and renewable energy projects across Canada and the U.S. that have the ability to generate stable and predictable revenues. The target infrastructure sectors covered by the Fund include wind and solar power, as well as power storage, hospitals and senior housing, roads, bridges and tunnels, manufacturing installations, office towers and data centers.
ESG criteria form part of the Fund’s investment policy, from project origination through investment portfolio management. The equity under management could be increased on par with future deal pipeline and strong investor demand. To date, Pomerleau Capital has raised over $2 billion to finance large and complex infrastructure projects across the country and currently manages an asset portfolio of $750million.
About Pomerleau Capital
Pomerleau Capital is the private infrastructure investment and financing subsidiary of Pomerleau, specialized in deal sourcing, project financing, capital raising, equity investments, and asset management. To date, Pomerleau Capital has raised over $2 bilion in financing for large and complex infrastructure projects. The firm, notably through its infrastructure fund, manages a portfolio of assets totalling approximately $750 million with a focus on impactful projects that contribute to the development of healthy and sustainable communities. For details about Pomerleau Capital, visit www.pomerleau.ca/pomerleau-capital
About Pomerleau
Pomerleau is one of Canada’s leading construction companies and a leader in sustainable buildings. The company specializes in the building, infrastructure and civil engineering and it also excels in virtual design and construction (VDC). Founded 60 years ago, the company employs 4,000 people at its nine regional offices and on nearly 200 worksites across the country. Pomerleau is the parent company of Borea Construction, the Canadian leader in renewable energy construction projects and owns Pomerleau Capital its private infrastructure investment and financing subsidiary. Since 2020, Pomerleau is part of Canada’s Top 100 Employers. For details about Pomerleau, visit www.pomerleau.ca.
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