MONTRÉAL, Sept. 23, 2026 /CNW/ -- Power Sustainable Energy Infrastructure Inc. ("PSEI"), the renewable energy infrastructure platform of Power Sustainable, today announced the sale of the Golden South Wind Energy Project ("Golden South") to Concord Green Energy, the renewable energy division of Concord Pacific Group.

Located near Assiniboia, Saskatchewan, Golden South is the province's largest operating wind project. Since entering commercial operation in March 2022, the 200 MW facility has supplied renewable power to Saskatchewan's grid. Its 50 turbines can generate enough power for up to 100,000 homes.

"Golden South has been part of Potentia's portfolio since it began generating power in 2022, and we're proud of what the project has delivered for Saskatchewan's grid and for the communities in RM 72 and RM 73," said Ben Greenhouse, CEO of Potentia Renewables Inc. ("Potentia"). "Potentia will continue to manage day-to-day operations at Golden South, so landowners, our SaskPower partners and the local community can expect the same team and the same commitment to safe, reliable performance going forward."

Following the commencement of commercial operations at Golden South, Power Sustainable acquired the asset through PSEI, with Potentia continuing to manage its day-to-day operations. This model combined Potentia's operating expertise with PSEI's active portfolio management, supporting disciplined value realization.

"Golden South has become an important operating wind asset for Saskatchewan, and we are proud of the Potentia team's contribution to the project and the province," said Pierre-Olivier Perras, Managing Partner at PSEI. "This transaction highlights the quality of the asset and reflects our disciplined approach to active portfolio management and capital recycling, enabling us to reinvest in new opportunities and continue to scale our platform."

The sale reflects PSEI's active approach to asset management and value creation: delivering high-quality infrastructure through disciplined development and operations, realizing value for its limited partners, and redeploying capital to support future investments.

About Power Sustainable

Power Sustainable is a multi-platform alternative asset manager investing across the core sectors of the real economy as they undergo structural change. The firm allocates capital across energy, food, mobility, connectivity, and the built environment, investing selectively along their value chains through equity and credit strategies. Power Sustainable focuses on opportunities where transition, resilience, and resource efficiency are drivers of performance and risk. Power Sustainable is a subsidiary of Power Corporation of Canada (TSX: POW), an international management and holding company focused on financial services in North America, Europe, and Asia. Learn more on Power Sustainable's LinkedIn and Website.

About Potentia Renewables Inc.

Potentia is an indirect wholly owned affiliate of Power Sustainable. Potentia is a fully integrated developer and operator of renewable energy assets.

About Concord Green Energy

Concord Green Energy is the renewable energy division of Concord Pacific and a Canadian owner, operator and developer of renewable energy infrastructure. The company is advancing wind, solar, hydroelectric and energy-storage projects across Canada. Its operating portfolio and projects under development represent more than 1 GW of renewable energy capacity across Canada. Learn more at concordgreenenergy.ca

SOURCE Power Sustainable

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