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 […]
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 […]
Rising with the growth of smartphones, lithium has been a hot material in the investment world for a few years. And many in the institutional investment space see exposure to lithium as a high-growth opportunity, according to Jay Jacobs, senior vice-president and head of research at Global X Funds. The metal has many uses in […]