energy sector – Benefits Canada.com

CPPIB launching U.K. real estate joint venture, reinvesting $100 million in U.S. energy firm

bmcgovern — Fri, 25 Oct 2024 19:00:44 +0000

The Canada Pension Plan Investment Board is investing £500 million in a new U.K.-based single-family rental housing joint venture. The initial allocation will give the investment organization a 90 per cent stake in the venture, while its partner, global real estate investment company Kennedy Wilson Holdings Inc., will hold a 10 per cent ownership stake […]

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Caisse invests $200 million in Quebec-based apparel firm, CPPIB buys energy company for US$6.2 billion

bmcgovern — Thu, 09 May 2024 19:00:24 +0000

The Caisse de dépôt et placement du Québec and Gildan Activewear Inc. have reached an agreement that will see the Montreal-based apparel manufacturer issue $200 million in senior unsecured notes on a private placement basis to the investment organization. Gildan will issue notes with an annual interest rate of six per cent and will mature […]

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Hydro-Quebec’s $185 billion expansion plan getting institutional investor attention: report

bmcgovern — Wed, 27 Mar 2024 19:00:12 +0000

A new $185 billion plan by Hydro-Quebec to build out increased power capacity is gaining attention from institutional investors, according to a report by Bloomberg. Michael Sabia, chief executive officer at Hydro-Quebec, said he’s confident in finding the right partners to help tackle the new project, which was announced last November and is designed to […]

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Energy transition stocks getting lots of interest from investors, TSX Venture list shows

bmcgovern — Wed, 28 Feb 2024 16:00:19 +0000

Canadian-based mining companies that are betting on the global energy transition saw a surge of investor interest in 2023, according to the latest edition of the TSX Venture 50 list. The annual ranking of top performers on Canada’s main venture exchange, released by the Toronto Stock Exchange on Wednesday, shows 2023 was a blockbuster year […]

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CPPIB CEO pitches Calgary business crowd on benefits of staying in CPP

bwolfe — Wed, 15 Nov 2023 20:00:32 +0000

As Alberta considers exiting the Canada Pension Plan, the head of the Canada Pension Plan Investment Board visited Calgary on Tuesday to warn against losing its benefits. John Graham, chief executive officer of the CPPIB, made the pitch to a business crowd at a luncheon event. In his speech, he said there’s a strong business […]

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2023 Risk Management Conference: Event-driven credit helping institutional investors find diamond assets in the rough

lbailey — Wed, 18 Oct 2023 11:55:32 +0000

Institutional investors don’t have to wait for choppy waters to invest in event-driven credit, according to Duncan Farley, portfolio manager on the BlueRay fixed income team at RBC Global Asset Management, speaking during the Canadian Investment Review’s 2023 Risk Management Conference. While the post-pandemic economy has negatively affected several industries, opportunities always exist for investors to […]

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Institutional investors increasing U.S. power generation assets amid concerns of energy independence: webinar

lbailey — Thu, 07 Sep 2023 16:00:45 +0000

Amid concerns of energy independence and rising costs, institutional investors are increasing their investments in U.S. power plants and electricity-generating assets, said Aleksandar Andonov, associate professor of finance at the University of Amsterdam, during a webinar hosted by the International Centre for Pension Management. Andonov shared the results of a study he conducted in partnership […]

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AIMCo acquiring stake in Calgary-based geothermal energy subsidiary

Gideon Scanlon — Tue, 23 May 2023 16:30:44 +0000

The Alberta Investment Management Corp. will receive a majority stake in a wholly owned subsidiary of an oil and gas development and production company in order to settle its debts. Razor Energy Corp., a petroleum producer headquartered in Calgary, has reached an agreement with the investment organization that will eliminate $63.2 million of secured debt […]

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Watchdog accusing CPPIB of greenwashing acquisition of oil company

Gideon Scanlon — Thu, 09 Mar 2023 17:00:32 +0000

Shift Action for Pension Wealth and Planet Health is describing the Canada Pension Plan Investment Board’s acquisition of a significant stake in one of California’s largest oil producers as “alarming.” “These claims are alarming as none of the technologies mentioned offer credible pathways for meaningfully reducing Aera’s carbon emissions quickly enough or aligning Aera with CPPIB’s net-zero […]

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CPPIB investing in energy service provider, BCI backing aerospace acquisition

Gideon Scanlon — Tue, 20 Dec 2022 17:30:43 +0000

The Canada Pension Plan Investment Board is joining a funding round for an energy network service provider. The investment organization is investing about US$200 million in Redaptive Inc., a company that installs energy-saving and energy-generating equipment at client businesses. The company funds the upfront costs of its installations to help customers to overcome financial and […]

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