background

➤ Key Highlights

  • Power Sustainable Infrastructure Credit reached final close on its inaugural infrastructure credit fund with over $1.0 billion in total strategy capital.

  • The raise includes more than $800 million across the pooled fund and separately managed accounts (SMAs).

  • Capital is being deployed into bespoke, asset-backed private credit rather than broadly syndicated or index-linked strategies.

  • Investments span community solar, fiber networks, data centers, and specialized operating assets across North America.

  • The strategy is backed by long-duration institutional capital, including insurance-oriented mandates.

Power Sustainable Infrastructure Credit has completed the final close of its first dedicated infrastructure credit fund, bringing total capital commitments across the strategy to more than $1.0 billion. The raise includes over $800 million allocated to the pooled fund and affiliated SMAs, underscoring strong institutional demand for customized private credit exposure to real assets.

The firm’s approach focuses on direct, structured lending backed by physical and operating infrastructure, targeting assets that fall outside traditional bank lending or standardized capital markets solutions. Since launch, the platform has completed eight investments across sectors including renewable energy, digital infrastructure, and specialized equipment-backed assets. These transactions emphasize collateral protection, cash-flow visibility, and tailored structuring rather than scale-driven deployment.

The use of SMAs alongside the flagship fund highlights how insurance and long-duration capital providers are increasingly favoring bespoke credit vehicles that align underwriting, duration, and risk tolerance at the asset level. Rather than competing with syndicated infrastructure debt, the strategy fills financing gaps where customization and execution certainty are valued over pricing compression.

TAKEAWAY

Institutional capital is clearly moving toward asset-level, customized infrastructure credit, signaling sustained demand for private lenders that can structure around real assets rather than rely on standardized debt products.

Keep Reading