MONTRÉAL, March 21, 2025 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation), will participate in a fireside chat at the National Bank Financial 23rd Annual Canadian Financial Services Conference on March 26, 2025 at 11:00 a.m. (Eastern Time).

The live webcast will be available and later archived in the Presentations & speeches section of Power Corporation's website at: www.powercorporation.com/en/investors/events-presentations/.

Readers are referred to the sections Non-IFRS Financial Measures and Forward-Looking Statements later in this release. All figures are expressed in Canadian dollars unless otherwise noted.

MONTRÉAL, March 19, 2025  /CNW/ - Power Corporation of Canada (Power Corporation or the Corporation) (TSX: POW) (TSX: POW.PR.E) today reported earnings results for the three and twelve months ended December 31, 2024.

Power CorporationConsolidated results for the period ended December 31, 2024

HIGHLIGHTS

POWER CORPORATION

MONTRÉAL, Feb. 26, 2025 /CNW/ - Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation) will release its fourth quarter and year-end 2024 financial results on Wednesday, March 19, 2025, after markets close.

R. Jeffrey Orr, President and Chief Executive Officer, and Jake Lawrence, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Thursday, March 20, 2025 at 8:30 a.m. (Eastern Time). A question-and-answer period with analysts will follow the presentation. Shareholders, investors and other stakeholders are welcome to participate on a listen-only basis.

CFOC aims to provide rural and remote communities with reliable and fast fiber optic internet

MIAMI, FLA, Jan. 14, 2025 /CNW/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed on a CAD $85M financing for Canadian Fiber Optics Corporation ("CFOC"), a fiber optics company based in Calgary, to support the build-out of broadband internet in rural Western Canada.

CFOC designs, builds, and operates fiber optic networks to provide high speed internet services to residential, commercial and enterprise customers in rural or remote communities. Since 2017, CFOC has built 1,000km of fiber, passing 16k+ premises with over 4k subscribers as of December 31, 2024. CFOC's current ownership group includes funds managed by Tikehau Star Infra and the Bloomer Family Office.

CFOC aims to provide rural and remote communities with reliable and fast fiber optic internet

MIAMI, FLA, Jan. 14, 2025 /PRNewswire/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed on a CAD $85M financing for Canadian Fiber Optics Corporation ("CFOC"), a fiber optics company based in Calgary, to support the build-out of broadband internet in rural Western Canada.

CFOC designs, builds, and operates fiber optic networks to provide high speed internet services to residential, commercial and enterprise customers in rural or remote communities. Since 2017, CFOC has built 1,000km of fiber, passing 16k+ premises with over 4k subscribers as of December 31, 2024. CFOC's current ownership group includes funds managed by Tikehau Star Infra and the Bloomer Family Office.

MONTRÉAL, Dec. 11, 2024 Power Sustainable is pleased to be celebrating a successful 2024 for its food private equity strategy, Power Sustainable Lios (PSL), including the final closing of its inaugural Fund, which invests in North American mid-market companies contributing to the sustainability transformation happening across the food value chain.

Highlights from 2024 include:

PSL's inaugural fund successfully closed in mid-2024 at $285 million with participation from leading pension funds, large corporations, family offices, and other strategic investorsPSL closed two additional investments in recent months and is now over 30% investedPSL leadership continues to see attractive opportunities across the North American food sector, highlighting the potential for superior returns alongside positive sustainability outcomes.

Readers are referred to the sections Non-IFRS Financial Measures and Forward-Looking Statements later in this release. All figures are expressed in Canadian dollars unless otherwise noted.

MONTRÉAL, Nov. 12, 2024 /CNW/ - Power Corporation of Canada (Power Corporation or the Corporation) (TSX: POW) (TSX: POW.PR.E) today reported earnings results for the three and nine months ended September 30, 2024.

Power CorporationConsolidated results for the period ended September 30, 2024

HIGHLIGHTS

POWER CORPORATION

MONTREAL, Nov. 7, 2024 /PRNewswire/ -- Power Sustainable, a leading sustainability-focused alternative asset manager, today announced the appointment of Delia Cristea as its new Chief Operating Officer (COO). Ms. Cristea is a Partner at Power Sustainable and has served as General Counsel since its founding in 2020.

"Delia has been a driving force behind this firm's growth since day one," said Bruce Heyman, CEO of Power Sustainable. "Her unerring sense of operational priorities, knack for culture-building, and strong business acumen were immediately obvious to me when I joined Power Sustainable as Senior Advisor in 2022. Today, I'm thrilled to welcome her into this new role."

MONTREAL, Nov. 7, 2024 /CNW/ -- Power Sustainable, a leading sustainability-focused alternative asset manager, today announced the appointment of Delia Cristea as its new Chief Operating Officer (COO). Ms. Cristea is a Partner at Power Sustainable and has served as General Counsel since its founding in 2020.

"Delia has been a driving force behind this firm's growth since day one," said Bruce Heyman, CEO of Power Sustainable. "Her unerring sense of operational priorities, knack for culture-building, and strong business acumen were immediately obvious to me when I joined Power Sustainable as Senior Advisor in 2022. Today, I'm thrilled to welcome her into this new role."

MONTRÉAL, Oct. 22, 2024 /CNW/ - Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation) will release its third quarter 2024 financial results on Tuesday, November 12, 2024, after markets close.

R. Jeffrey Orr, President and Chief Executive Officer, and Jake Lawrence, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Wednesday, November 13, 2024 at 8:30 a.m. (Eastern Time). A question-and-answer period with analysts will follow the presentation. Shareholders, investors and other stakeholders are welcome to participate on a listen-only basis.

Mr. Heyman brings tremendous experience, with over three decades in wealth and asset management as a former partner at Goldman Sachs, and as former U.S. Ambassador to Canada.

Olivier Desmarais, who started Power Sustainable in 2019, will remain Chairman of the Board.

MONTREAL, Oct. 2, 2024 /PRNewswire/ -- Power Sustainable, a leading sustainability-focused alternative asset manager, today announced the appointment of Bruce Heyman, former Goldman Sachs partner and U.S. Ambassador to Canada, as its new Chief Executive Officer. Mr. Heyman is joining Olivier Desmarais and his team, in order to accelerate growth, particularly in the U.S. market, and to further establish Power Sustainable as a global leader in sustainable investments. Mr. Desmarais will remain Chairman of the Board.

Mr. Heyman brings tremendous experience, with over three decades in wealth and asset management as a former partner at Goldman Sachs, and as former U.S. Ambassador to Canada.

Olivier Desmarais, who started Power Sustainable in 2019, will remain Chairman of the Board.

MONTREAL, Oct. 2, 2024 /CNW/ -- Power Sustainable, a leading sustainability-focused alternative asset manager, today announced the appointment of Bruce Heyman, former Goldman Sachs partner and U.S. Ambassador to Canada, as its new Chief Executive Officer. Mr. Heyman is joining Olivier Desmarais and his team, in order to accelerate growth, particularly in the U.S. market, and to further establish Power Sustainable as a global leader in sustainable investments. Mr. Desmarais will remain Chairman of the Board.

MONTRÉAL, Sept. 20, 2024 /CNW/ - Jake Lawrence, Executive Vice-President and Chief Financial Officer of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation), will participate in a fireside chat at the 23rd Annual CIBC Eastern Institutional Investor Conference on Thursday, September 26, 2024, at 9:10 a.m. (Eastern Time).

An archived version of the webcast will be available in the Presentations & speeches section of Power Corporation's website at: www.powercorporation.com/en/investors/events-presentations/.

MONTRÉAL, Aug. 29, 2024 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation), will participate in a fireside chat at the 25th Annual Scotiabank Financials Summit on Thursday, September 5, 2024, at 9:30 a.m. (Eastern Time).

The live webcast will be available and later archived in the Presentations and speeches section of Power Corporation's website at: www.powercorporation.com/en/investors/events-presentations/.

Readers are referred to the sections Non-IFRS Financial Measures and Forward-Looking Statements later in this release. All figures are expressed in Canadian dollars unless otherwise noted.

MONTRÉAL, Aug. 8, 2024 /CNW/ - Power Corporation of Canada (Power Corporation or the Corporation) (TSX: POW) (TSX: POW.PR.E) today reported earnings results for the three and six months ended June 30, 2024.

Power CorporationConsolidated results for the period ended June 30, 2024

HIGHLIGHTS

POWER CORPORATION

Net earnings from continuing operations [1] for the second quarter of 2024 were $730 million or $1.12 per share [2], compared with $550 million or $0.82 per share in the second quarter of 2023. Adjusted net earnings from continuing operations [1][3][4] were $761 million or $1.17 per share, compared with $842 million or $1.26 per share in the second quarter of 2023.Adjusted net asset value per share [3] was $50.48 at June 30, 2024, compared with $53.53 at December 31, 2023. The Corporation's book value per share [5] was $33.53 at June 30, 2024, compared with $32.49 at December 31, 2023.In 2024, the Corporation has purchased for cancellation 4.9 million subordinate voting shares for a total of $189 million at June 30, 2024.Contribution to net earnings from continuing operations from the publicly traded operating companies was $827 million in the second quarter, compared with $545 million in the second quarter of 2023. Contribution to adjusted net earnings from continuing operations from the publicly traded operating companies was $853 million in the second quarter, compared with $840 million in the second quarter of 2023.