Great-West Lifeco (TSE:GWO) has released an update.
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Great-West Lifeco Inc. has formed a strategic partnership with Power Sustainable, a climate-focused investment manager, becoming a minority shareholder with a stake just shy of 20%. This alliance is set to boost Power Sustainable’s growth in sustainable private equity and infrastructure, aligning with Lifeco’s value creation and responsible transition strategy. The partnership extends on previous collaborations, with Lifeco’s group companies having already committed over $1 billion to Power Sustainable’s various sustainability-focused investment strategies.
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