renewable energy – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 73% of OPB plan members want ESG considerations included in investment decisions: survey https://www.benefitscanada.com/canadian-investment-review/research-markets/73-of-opb-plan-members-want-esg-considerations-included-in-investment-decisions-survey/ Thu, 25 Apr 2024 13:00:08 +0000 https://www.benefitscanada.com/?p=154515 Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the plan’s investment considerations, according to a new survey included in the investment organization’s inaugural ESG report. The survey, which polled roughly 10,000 plan members, found nearly two-fifths (39 per cent) of […]

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]]> Feds seeking to boost domestic investments by Canadian institutional investors: budget https://www.benefitscanada.com/news/cir-news-news/feds-seeking-to-boost-domestic-investments-by-canadian-institutional-investors-budget/ Wed, 17 Apr 2024 13:00:53 +0000 https://www.benefitscanada.com/?p=154356 In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former Bank of Canada governor Stephen Poloz is being tasked to lead an organization that will identify priority investment opportunities in the country for the more than $3 trillion held by […]

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]]> CPPIB expands role of global offshore wind platform https://www.benefitscanada.com/canadian-investment-review/alts/cppib-expands-role-of-global-offshore-wind-platform/ Mon, 15 Apr 2024 19:00:16 +0000 https://www.benefitscanada.com/?p=154223 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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]]> IMCO returns 5.6% for 2023, driven by public equities https://www.benefitscanada.com/canadian-investment-review/research-markets/imco-returns-5-6-for-2023-driven-by-public-equities/ Thu, 11 Apr 2024 13:00:26 +0000 https://www.benefitscanada.com/?p=154131 The Investment Management Corp. of Ontario is reporting a net return of 5.6 per cent for 2023, with net assets increasing to $77.4 billion. The investment organization’s year-end report found public equities returned 18 per cent in 2023, followed by global credit (7.7 per cent), fixed income (5.9 per cent), private equity (5.7 per cent), […]

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]]> Caisse sells 1.3% of shares in insurance firm, BCI buys ownership stake in Australian agriculture operator https://www.benefitscanada.com/canadian-investment-review/alts/caisse-sells-1-3-of-shares-in-insurance-firm-bci-buys-ownership-stake-in-australian-agriculture-operator/ Thu, 29 Feb 2024 20:00:55 +0000 https://www.benefitscanada.com/?p=152500 The Caisse de dépôt et placement du Québec is selling 1.3 per cent of the issued and outstanding common shares it holds of insurance provider Intact Financial Corp. The investment organization will sell about 2.3 million shares at a price of $227.10 per share, resulting in gross proceeds of approximately $525 million. Once the transaction […]

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]]> Caisse returns 7.2% for 2023, driven by bonds, equities https://www.benefitscanada.com/canadian-investment-review/research-markets/caisse-returns-7-2-for-2023-driven-by-bonds-equities/ Fri, 23 Feb 2024 14:00:54 +0000 https://www.benefitscanada.com/?p=152268 The Caisse de dépôt et placement du Québec is reporting a net return of 7.2 per cent for 2023, with net assets increasing to $434 billion. The investment organization’s year-end report said public equities returned 17.7 per cent in 2023, driven by large U.S. technology stocks as well as growth stocks and the Caisse’s large […]

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]]> Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office https://www.benefitscanada.com/canadian-investment-review/alts/caisse-acquires-80-stake-in-japanese-solar-power-plant-invests-125-million-in-digital-consultants-expansion-plans/ Fri, 16 Feb 2024 20:00:04 +0000 https://www.benefitscanada.com/?p=151839 The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company Shizen Energy Inc. The solar power plant generates 31 megawatts, or enough energy to power 7,850 homes, according to a press release. The Caisse first invested $186 million in the energy […]

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]]> U.K. pension funds increasing allocations to renewable energy infrastructure: survey https://www.benefitscanada.com/canadian-investment-review/research-markets/u-k-pension-funds-increasing-allocations-to-renewable-energy-infrastructure-survey/ Tue, 06 Feb 2024 16:00:21 +0000 https://www.benefitscanada.com/?p=151556 A majority (90 per cent) of U.K. pension funds and insurers say they plan to increase allocations to renewable energy infrastructure in the next 12 months, according to a survey from Alpha Real Capital. The survey, which polled U.K. pension funds and insurers that collectively have roughly £360 billion in assets under management, found more […]

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]]> Ontario Teachers’ co-sponsoring new Indian renewable energy fund, OPTrust considers selling stake in Spain transport infrastructure company https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-co-sponsoring-new-indian-renewable-energy-fund-optrust-considers-selling-40-stake-in-spain-transport-infrastructure-company/ Thu, 18 Jan 2024 16:00:16 +0000 https://www.benefitscanada.com/?p=150739 The Ontario Teachers’ Pension Plan is co-sponsoring a new India-based infrastructure investment trust holding assets in the renewable energy space. The new fund raised US$165 million as part of an initial units offer and made its debut on the National Stock Exchange of India Ltd. this week. “This milestone not only reinforces our commitment to invest […]

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]]> Caisse buys stake in Brazilian energy firm subsidiary, backs Quebec-based bakery https://www.benefitscanada.com/canadian-investment-review/alts/caisse-buys-stake-in-brazilian-energy-firm-subsidiary-backs-quebec-based-bakery/ Thu, 04 Jan 2024 16:00:53 +0000 https://www.benefitscanada.com/?p=149671 The Caisse de dépôt et placement du Québec is buying a 15 per cent stake in a subsidiary of Brazil-based renewable energy company ENGIE Brasil Energia. The $848 million investment in Transportadora Associada de Gás S.A. increases the Caisse’s stake in the company to 50 per cent, according to a press release. “Today’s announcement is consistent […]

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