energy transition – Benefits Canada.com

CPPIB expands role of global offshore wind platform

bmcgovern — Mon, 15 Apr 2024 19:00:16 +0000

The Canada Pension Plan Investment Board is expanding the role of its wholly owned subsidiary Reventus Power as its dedicated global offshore wind platform. The investment organization will consolidate its existing direct and indirect offshore wind holdings into Reventus Power to build on the business’ existing global footprint and support the sector’s significant growth opportunities. To […]

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How CAAT is supporting its ESG aspirations through responsible investments, team-building

bmcgovern — Fri, 12 Apr 2024 12:55:57 +0000

As an institutional investor, Asif Haque knows the Colleges of Applied Arts and Technology Pension Plan has a responsibility to meet the rising challenge of climate change through responsible capital deployment. “[We] have a gigantic role to play in using our ownership and influence to engage with companies on their transition to a low-carbon future,” […]

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New York City pension funds reach deal with RBC over clean energy funding disclosure

bmcgovern — Wed, 10 Apr 2024 19:00:13 +0000

The New York City Employees’ Retirement System, Teachers’ Retirement System and Board of Education Retirement System signed an agreement with the Royal Bank of Canada to publicly disclose its financing ratio of low-carbon energy to fossil fuels. The investment organizations are mandating RBC, as well as Citigroup Inc. and JPMorgan Chase & Co., to adhere […]

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Energy transition stocks getting lots of interest from investors, TSX Venture list shows

bmcgovern — Wed, 28 Feb 2024 16:00:19 +0000

Canadian-based mining companies that are betting on the global energy transition saw a surge of investor interest in 2023, according to the latest edition of the TSX Venture 50 list. The annual ranking of top performers on Canada’s main venture exchange, released by the Toronto Stock Exchange on Wednesday, shows 2023 was a blockbuster year […]

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How active management strategies are helping institutional investors amid volatile global marketplace

lbailey — Fri, 09 Feb 2024 13:57:55 +0000

As global markets navigate turbulent economic waters, active management is proving once again to be a lifeline for institutional investors to ensure their portfolios ride out the storm. Pension funds are currently operating amid uncertainty and potential risk, says Ruslan Goyenko, an associate professor of finance at McGill University’s Desautels Faculty of Management. “There are […]

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New York City pension funds pushing RBC to disclose clean energy funding

bmcgovern — Wed, 07 Feb 2024 20:00:55 +0000

Two New York City pension funds are pushing the Royal Bank of Canada to disclose more details on its clean energy funding. The shareholder resolution filed by the New York City Employees’ Retirement System and Teachers’ Retirement System of the City of New York asks that the bank fully report a ratio of how its clean […]

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AIMCo creates $1 billion fund for energy transition, Caisse backs aircraft financing platform

bmcgovern — Thu, 01 Feb 2024 16:00:33 +0000

The Alberta Investment Management Corp. is setting up a new $1 billion fund to invest in energy transition and decarbonization efforts, according to a report by the Globe and Mail. The new fund will specifically target industrial decarbonization, carbon capture, sustainable fuels, renewable energy production, electrification and energy storage and efficiency. However, the launch of the fund […]

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AIMCo considers buying Trans Mountain pipeline stake, Caisse integrates real estate subsidiaries

bmcgovern — Fri, 26 Jan 2024 20:00:09 +0000

The Alberta Investment Management Corp. is considering purchasing a stake in the Trans Mountain pipeline, according to a report by BNN Bloomberg. “We have an active file on Trans Mountain,” said Evan Siddall, chief executive officer at the AIMCo, in the report. “We would look at it. The government knows that and we’re keeping track of the situation.” […]

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2023 Investment Innovation Conference: Equities, fixed income assets generating real returns in volatile market regime

bwolfe — Thu, 18 Jan 2024 12:56:39 +0000

Institutional investors are preparing for a bumpy return risk space where volatility is higher for all assets and real returns are much lower than what has been the norm over the past 10 years, said Robertas Stancikas, a senior research associate of institutional solutions at AllianceBernstein, during the Canadian Investment Review‘s 2023 Investment Innovation Conference in […]

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Caisse invests in Quebec-based telecommunications firm, AIMCo backs Asian green energy fund

bmcgovern — Thu, 14 Dec 2023 16:00:09 +0000

The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc. The investment organization will now hold $350 million worth of capital in the Quebec-based firm after purchasing a block of shares owned by Rogers Communications Inc. Cogeco Communications provides internet, video and telephone services in Quebec, Ontario and 13 […]

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