The Ontario Teachers’ Pension Plan is acquiring a stake in a U.K. renewable electricity network. According to the terms of an agreement with Scottish and Southern Energy, the Canadian pension fund will pay £1.465 billion (approximately $2.45 billion) for a 25 per cent share in an electrical transmission network. The network carries power generated from […]
The Caisse de dépôt et placement du Québec is investing a potential US$339 million in a renewable energy company in Japan. According to a press release, the investment will allow Shizen Energy Inc. to accelerate its ongoing renewable power plant development activities, business enhancement initiatives in energy digitalization and human capital expansion in key markets. […]
The Adirondack 46ers isn’t for the faint of heart — joining the club requires hiking 250 kilometres to reach the top of the 46 highest peaks in New York state. “What did it take? Perseverance, training and an ability to remain focused on an objective that is far away,” says François Quinty, director of investment […]
The Canada Pension Plan Investment Board is acquiring a stake in a financial management company. The Universal Investment Group Llc, which operates several offices throughout Europe, has about €760 billion in assets under administration. Its administration, structuring and distribution solutions services are used by 470 institutional investors. It also offers advisory services related to securities, […]
The Ontario Municipal Employees’ Retirement System is appointing Irini Kalamakis as senior managing director and global head of strategic partnerships. In the new role, Kalamakis will join OMERS Infrastructure’s global management committee and report to Annesley Wallace, global head of infrastructure, according to a press release, which also noted she’ll be responsible for expanding the […]
The Alberta Investment Management Corp. and the Canada Pension Plan Investment Board are reinvesting in a telecommunications infrastructure provider to support its acquisition of a U.S. digital network provider. BAI Communications Inc., a Toronto-based internet and telephone network service provider, is acquiring ZenFi Networks Inc, a New York-based digital infrastructure provider specializing in roaming services […]
The British Columbia Investment Management Corp. generated returns of 7.4 per cent during the year ending on March 21, 2022, according to its annual report. During the year, the investment organization’s net assets surpassed the $200-billion mark, rising from $199.6 billion to $211.1 billion. The results were hampered by the Russian invasion of Ukraine and […]
The Caisse de dépôt et placement du Québec is increasing its stake in an Indian power company. In an agreement reached with CLP Power India Private Ltd., the organization will increase its stake in Apraava Energy Ltd. by 10 per cent for a full 50 per cent investment in the building. Founded in 2002, the […]
The Canada Pension Plan Investment Board is selling its stake in a U.K. wireless utilities provider. Through the deal reached with Digital 9 Infrastructure, an investment fund from Triple Point Investment Management, the investment organization will receive $585 million for its stake in the Arqiva Group Ltd. The transaction, which is subject to customary conditions […]
The Ontario Municipal Employees’ Retirement System is acquiring an Australian developer owner and operator of telecommunications towers. Following the acquisition, the OMERS will consolidate the Stilmark Group with another telecommunications tower business it bought from TPG Telecom Ltd. in May. The assets will be managed by OMERS Infrastructure, which also manages a number of Australian assets, […]