An anonymous director reports

FIERA INFRASTRUCTURE PRIVATE DEBT CLOSES FINANCING AGREEMENT WITH GREENALIA

Fiera Infrastructure Private Debt, a division of Fiera Capital Corp., has joined the financing solution that Greenalia SA, a leading Spanish developer of renewable power projects, recently announced in February.

As part of a tailored structure that combines both bank and private credit capital, Fiera's investment contributes to the close of $200-million (U.S.) of three-year credit facilities supporting the development of Greenalia's solar and wind project pipeline in the United States.

The borrower, Greenalia Power U.S. Advanced II LLC (Greenalia U.S.), is a subsidiary of Greenalia that acquires, develops, constructs and operates utility-scale solar, wind and energy storage projects in the U.S. Proceeds from the facilities will enable Greenalia U.S. to finance project equipment, as well as other development and construction expenses, helping to accelerate the development of its portfolio.

Fiera was pleased to work with PEI Global Partners, exclusive financial adviser to Greenalia, and Nomura Securities International Inc.

About Fiera Infrastructure Private Debt

Fiera Infrastructure Private Debt is a division of Fiera Private Debt Inc., which is a subsidiary of Fiera Capital Corp. Fiera Infrastructure Private Debt directly sources and structures private debt investments across a diverse mix of North American infrastructure sectors. Led by a team of experienced and specialized infrastructure debt professionals, Fiera Infrastructure Private Debt's differentiated approach targets an attractive mid-market niche to help optimize cash yield and the defensive attributes inherent to both private credit and infrastructure investments. As of Dec. 31, 2023, Fiera Infrastructure Private Debt had $761-million ($573-million (U.S.)) in assets under management.

About Fiera Capital Corp.

Fiera Capital is a leading independent asset management firm with a growing global presence. Fiera Capital delivers customized and multiasset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia. Fiera Capital's depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to the company's mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange.

Headquartered in Montreal, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (United States), London (United Kingdom) and Hong Kong (SAR (special administrative region)).

Each affiliated entity of Fiera Capital only provides investment advisory or investment management services or offers investment funds in the jurisdictions where the affiliate is authorized to provide services pursuant to an exemption from registration and/or the relevant product is registered.

Fiera Capital does not provide investment advice to U.S. clients or offer investment advisory services in the U.S. In the U.S., asset management services are provided by Fiera Capital's affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission or exempt from registration. Registration with the SEC does not imply a certain level of skill or training.

We seek Safe Harbor.