Mr. Daniel Fein reports

POWER SUSTAINABLE INFRASTRUCTURE CREDIT MANAGER L.P. ANNOUNCES ITS INAUGURAL INVESTMENT WITH A TERM LOAN TO VANTAGE DATA CENTERS

Power Sustainable, an alternative asset manager and wholly owned subsidiary of Power Corp. of Canada, has made an investment in Vantage Data Centers through its Power Sustainable Infrastructure Credit Manager LP (PSIC) platform. Vantage is a leading global developer and operator of data centre campuses with approximately 2.0 gigawatts (GW) of critical IT (information technology) capacity, including both operational and under-development data centres, across 30 campuses in five continents. Vantage is owned by a consortium of investors led by DigitalBridge Group Inc., a global alternative asset manager dedicated to digital infrastructure investments.

Proceeds from the term loan will be used to facilitate the continued buildout of Vantage's high-quality data centre portfolio as it continues to expand its footprint across key North American markets.

"We are thrilled to be partnering with Vantage and look forward to supporting the company as it executes on a robust project pipeline that will add critical, energy-efficient, hyperscale data centre capacity to the North American market. Vantage's strong commitment to building and operating data centres that prioritize sustainability and environmental responsibility is fully aligned with our stainability objectives," said Daniel Fein, principal at PSIC.

Data centres are increasingly critical infrastructure to society given the growth in cloud computing, data consumption, generative AI (artificial intelligence) and other factors. Power Sustainable views Vantage as a best-in-class developer and operator of hyperscale data centres that demonstrate industry-leading energy and water usage efficiency.

This investment represents PSIC's inaugural investment and comes shortly after Power Sustainable announced the closing of a $600-million (U.S.) commitment to the strategy by subsidiaries of Great-West Lifeco. PSIC seeks to directly originate, structure and manage bespoke credit investments in infrastructure projects and companies that demonstrate positive sustainability characteristics. The strategy targets investments in the energy and decarbonization, transportation and logistics, digital infrastructure, social infrastructure, and utilities and recycling sectors.

About Power Sustainable

Power Sustainable is a climate-focused investment manager which finances companies and projects aiming for both competitive returns and positive sustainability outcomes.

The firm offers institutional investors exposure to alternative assets which accelerate and scale sustainable solutions across multiple industries.

With just over $4-billion in assets under management, Power Sustainable's mission is to catalyze capital toward clean global solutions.