Keyword: renewable energy

21 results found

The interest in environmental, social and governance investing has risen exponentially over the past 20 years, but ESG investing is still in its early stages, said Peter Lindley, president and chief executive officer of the OPSEU Pension Trust, when speaking at the Canadian Investment Review’s 2020 Global Investment Conference in September. “As a long-term investor, […]

CPPIB to sell stake in London real estate, Caisse invests in renewable assets in Spain

The Canada Pension Plan Investment Board is selling its 50 per cent interest in the first phase of a real estate development in London, England. Phase one of Nova Victoria, a five-building, mixed-use development adjacent to London’s Victoria mainline and underground stations, was finished in April 2017. The sale, to  Singapore’s Suntec Real Estate Investment Trust, is […]

  • By: Staff
  • October 9, 2020 October 9, 2020
  • 10:30

The Caisse de dépôt et placement du Québec, alongside existing investors, is investing $US185 million in subscription commerce platform AppDirect Inc. The funding brings the total equity raised to about $US465 million. Since its first funding round in 2015, the U.S.-based company has experienced tremendous growth, increasing gross merchandise value more than 1,500 per cent, expanding […]

  • By: Staff
  • September 16, 2020 November 17, 2020
  • 15:00
CPPIB posts 3.1% gains for fiscal 2020 after difficult final quarter

The Canada Pension Plan Investment Board saw a 3.1 per cent net return for its fiscal 2020 year, which ended March 31. Rising to $409.6 billion in assets under management, the fund saw $12.1 billion in investment income and $5.5 billion in net contributions. However, the 3.1 per cent return falls short compared to the fund’s 8.9 per […]

CPPIB buying stake in French wind farms

The Canada Pension Plan Investment Board is acquiring a 49 per cent of the entity that holds Enbridge Inc.’s stake in Éolien Maritime France SAS, Enbridge’s partnership with EDF Renewables. The investment is set to support the development of three offshore wind farms in France. The CPPIB is paying €80 million for its stake, with a further €120 […]

  • By: Staff
  • May 12, 2020 November 12, 2020
  • 09:02

When it comes to global infrastructure investments, Canadian pension funds are at the forefront. In fact, seven Canadian institutional investors made the list of the top 20 infrastructure investors worldwide, according to a report by Preqin Ltd. “Between them, these top institutions have invested a total of $106 billion in the infrastructure asset class through […]

  • By: Staff
  • March 26, 2020 December 13, 2020
  • 09:04

The Ontario Teachers’ Pension Plan, alongside Morrison & Co. on behalf of the Utilities Trust of Australia, is acquiring the Infrastructure Fund’s ownership stake in the Sydney Desalination Plant. As a result of the transaction, Ontario Teachers’ ownership of SDP will increase to 60 per cent, while UTA’s interest, managed by Morrison & Co, will […]

  • By: Staff
  • March 25, 2020 December 13, 2020
  • 08:50
Caisse boosts stake in Indian solar producer, CPPIB in Brazilian real estate joint venture

The Caisse de dépôt et placement du Québec is investing a further US$75 million in Azure Power Global Ltd., an independent solar power developer in India. Once the deal is approved by Azure shareholders, the investment will raise the Caisse’s stake in the company, from 41.4 per cent to 49.4 per cent. In October 2018, […]

  • By: Staff
  • November 11, 2019 November 11, 2020
  • 15:00
CPPIB sustainability report shows increased investments in renewable energy

The Canada Pension Plan Investment Board has dramatically increased its investments in renewable energy companies, from $30 million in 2016 to $3 billion as of June 2019, according to its annual sustainable investing report. The substantial increase is part of the fund’s expanded climate change program. “We have a number of groups involved in efforts […]

CPPIB buying U.S.-based renewable energy developer

The Canada Pension Plan Investment Board is acquiring renewable energy company Pattern Energy Group Inc. in an all-cash deal. The purchase of the San Francisco-based company is valued at $26.75 per share, which implies the company has a value of $6.1 billion, including all debt. The offer represents a 14.8 per cent premium to Pattern Energy’s closing share price […]

  • By: Staff
  • November 4, 2019 November 12, 2020
  • 15:00