Power Sustainable, a Canadian-based alternative asset manager focused on sustainable investments with offices in Canada, China and the U.S., has launched its global and European infrastructure credit businesses.

These platforms will target global investments in energy, transportation, social, digital and other sustainable infrastructure. The global business will be based in Miami and will target sub-investment-grade infrastructure investments. The European business, based in London, will target both investment-grade and sub-investment-grade infrastructure investments across the U.K. and Europe. They will seek to support sustainable assets, portfolios and operating companies with customized financing services.

“This is a strategic initiative for Power Sustainable that expands our ability to deploy capital at scale and will have a meaningful impact on advancing climate solutions and contribute to lasting change,” says Olivier Desmarais, chairman and chief executive officer of Power Sustainable.