The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and its renewables affiliate. While the financial details of the transaction weren’t disclosed, the deal is expected to close by the end of the year, according to a press release. Global […]
The Investment Management Corp. of Ontario is looking at private assets as an opportunity to support investment returns across various Ontario-based pension plans. “We believe in private assets,” says Rossitsa Stoyanova, the IMCO’s chief investment officer. “They allow us to use some of our advantages like having a long-term horizon, our [in-house] expertise and taking […]
The Caisse de dépôt et placement du Québec is investing $575 million in Montreal-based natural gas company Énergir. The investment, which will be made in partnership with the Fonds de solidarité FTQ, is designed to fund a decarbonization and resilience strategy at Énergir and will fund renewable energy projects and renewable natural gas production plants, according […]
The Caisse de dépôt et placement du Québec is investing $35 million in a new energy transition fund from Quebec-based equity firm MacKinnon Bennett & Co. The investment is part of a larger $145 million commitment alongside the Canada Growth Fund, Investissement Québec and BDC Capital. The fund will target growth-stage businesses commercializing emission reduction […]
The Canada Pension Plan Investment Board is investing approximately $1.2 billion in energy infrastructure firm Tallgrass Energy. The Denver-based company manages more than 10,000 miles of pipeline assets across 14 U.S. states and is also engaged in initiatives aligned with energy transition efforts. Read: Caisse invests $200 million in Quebec-based apparel firm, CPPIB buys energy […]
The Caisse de dépôt et placement du Québec and the Ontario Municipal Employees’ Retirement System are investing US$400 million in emerging market energy transition debt. The new investment commitment, which also includes Ninety One Ltd., the U.K.’s Legal and General Investment Management and the Wiltshire Pension Fund, will focus energy transition efforts across emerging markets, […]
The demand for artificial intelligence is leading to increased energy usage by data centres and creating a link between the two assets, says Matthew Mendes, managing director and head of infrastructure at the Investment Management Corp. of Ontario. “The growth is different than it was before — [there’s] more hyperscale companies coming into the mix. […]
Institutional investors are disclosing the environmental impact of their assets through increasingly sophisticated sustainability reports that use the latest disclosure metrics. While some of Canada’s largest pension funds are at the forefront of how to leverage responsible investment mandates and attempt to enact change through leadership in global organizations, the shortcomings of data reporting standards […]
Institutional investors face several challenges in proving the value of sustainable investments, said Arijit Banik, treasurer at York University, during a session at the Canadian Investment Review’s 2024 Endowment & Foundation Investment Forum in June. It’s difficult to measure the impact of an investment, even the cleanest ones, with the current measurement framework available to […]
It would be possible to get around a city if there were no agreed-upon street names, but it would take longer, people would get lost and international travellers might just give the place a pass. The same could be said of investors trying to navigate where to put the many trillions of dollars that are […]