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 Ontario Teachers’ Pension Plan is entering a joint venture to develop offshore wind projects. In a deal reached with Corio Generation Ltd., the Ontario Teachers’ will receive a 50 per cent stake in the joint venture in exchange for a US$1 billion investment. The funds will be used to develop 14 fixed bottom and floating […]
The overwhelming majority (92 per cent) of British institutional investors and wealth managers are planning to increase their allocations to renewable energy in order to diversify their portfolios, according to a survey by London-based asset manager Downing LLP. The survey, which polled 100 professional investors including pension plan sponsors, institutional investors and asset managers, found […]