Several major Canadian public pensions are investing in Puget Holdings [no LLC], the parent company of Puget Sound Energy Inc., a regulated utility company in Washington state. The Ontario Municipal Employees Retirement System’s infrastructure arm is taking on a 23.9 per cent stake, while the Alberta Investment Management Corp. is raising its previously held stake by six per cent to […]
The Alberta Investment Management Corp. is investing $140 million in Brazilian private equity firm IG4 Capital’s FIP Iguá, the controlling shareholder of water and sewage holding company Iguá Saneamento. Following the investment, IG4 Capital will remain the controlling shareholder of FIP Iguá, which holds an 84.2 per cent stake in Iguá Saneamento. Read: CPPIB, AIMCo team up with industrial […]
The Canada Pension Plan Investment Board, the Alberta Investment Management Corp. and the WPT Industrial Real Estate Investment Trust are joining forces to aggregate a portfolio of U.S. industrial properties in key logistics markets. “The combination of AIMCo and CPPIB’s scale and sophistication creates a long-term opportunity that will meet the needs of our clients and stakeholders,” said […]
The Alberta Investment Management Corp. is acquiring a 27-storey office tower in downtown Edmonton from ICE District Properties. The tower, which opened in 2016, is part of ICE District, a mixed-used sports and entertainment project with more than $2 billion in assets under development in its first phase and a similar scale envisioned for its second […]
The Alberta Investment Management Corp. and its investment partner, Portus Retail Partners LLP, have acquired one of Belgium’s newest urban shopping centres. Docks Bruxsel, which opened in 2016, is the first new shopping centre in Brussels in more than 30 years, according to a press release. It includes fashion and lifestyle retailers, leisure attractions, event […]
The Alberta Investment Management Corp. posted a 10.4 per cent return, net of all costs, at the end of 2017. In a news release on Wednesday, the fund said its active selections in each asset class contributed a return premium of 1.3 per cent for its balanced fund clients relative to the passive benchmarks it uses […]
The Alberta Investment Management Corp. is entering into a partnership with U.S.-based Enel Green Power North America Inc. for the operation of two renewable energy projects in Alberta. AIMCo will take on a 49 per cent equity interest in two wind farms, which are expected to be constructed in 2019. Castle Rock Ridge II is a 30.6 mega watt expansion of […]
Fund takes over big stake in Howard Energy Partners.
Solid performance during tough times in Alberta
The London City airport will be bought by a consortium that includes the Ontario Teachers’ Pension Plan, the Alberta Investment Management Corporation and Borealis Infrastructure, which manages infrastructure investments for the Ontario Municipal Employees Retirement System, reports the Financial Times. The price tag is reported to be around £2 billion. The Financial Times says the […]