Pomerleau Capital announces it has completed the second round of financing for its PCap Real Assets Fund L.P.

Pomerleau Capital Inc., the financial arm of Pomerleau Inc., confirms it has completed the second round of financing for its PCap Real Assets Fund L.P.  (the “PCap Fund”). In addition to the Caisse de dépôt et placement du Québec (CDPQ), which has increased its capital commitment, six (6) major financial partners have been added to this second round of financing: Banque Nationale Investissement (BNI), the Fondation Mirella et Lino Saputo, Société Financière Bourgie inc, the Lise and Giuseppe Racanelli family, Groupe Hewitt and Annie Lemieux of LSR GesDev. This second round of financing brings the total value of the PCap Fund to just over $200 million, in line with Pomerleau Capital's strategic plan to build a $500 million fund over the next few years.

Thanks to this strategic investment and the invaluable support of its financial partners, Pomerleau Capital will be able to pursue new investment opportunities in a number of infrastructure, energy transition and building projects across the country.

The PCap Fund's investment policy targets long-term investments of up to 30 years. It is based on environmental, social and governance criteria established by Pomerleau, from the project design stage through to investment portfolio management.  

Since its creation in 2018, Pomerleau Capital has structured financing for projects worth over five billion dollars. The investment strategy that led to the establishment of the PCap Fund in 2021 has enabled it to be a long-term investor in several infrastructure and renewable energy projects worth over $500 million. Pomerleau has invested in wind power projects, an energy-efficient industrial building and a building dedicated to higher education. Some of these projects have been carried out in partnership with Borea Construction, a Pomerleau subsidiary that manages and builds renewable energy projects. 

“Given the growing needs of communities, private enterprise has a vital role to play in financing the construction of sustainable infrastructure. We would like to thank the CDPQ for their renewed confidence, and the commitments of our six new partners. They are firmly rooted in the Québec business community and undertake major activities reaching right across Canada. Our PCap Fund now exceeds $200 million, strengthening our room for manoeuvre and diversifying our business opportunities,” says Pomerleau CEO Philippe Adam.