renewable energy – Benefits Canada.com

OMERS committing to net zero, UPP facing divestment calls from university staff

bwolfe — Mon, 29 Nov 2021 14:00:44 +0000

The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In a press release, the OMERS said its path to net zero will be informed by the annual calculation and public disclosure of its total portfolio carbon footprint. The release also […]

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AIMCo sells stake in Spanish renewable energy company, issues inaugural green bond

Jennifer Paterson — Mon, 15 Nov 2021 14:00:53 +0000

The Alberta Investment Management Corp. is selling its 97.33 per cent ownership stake in a Spanish renewable energy company. Eolia Renovables de Inversiones is an independent power producer that develops, constructs and operates wind farms and solar photovoltaic plants. The company manages a 899 megawatt portfolio of renewable energy assets, as well as a renewable […]

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CPPIB reporting $497.2BN net assets in fiscal 2021

bwolfe — Fri, 21 May 2021 19:00:29 +0000

A record return over the first full year of the pandemic has put the manager of Canada’s largest retirement fund years ahead of schedule to meet a long-term goal of having half a trillion dollars in assets by 2028. The Canada Pension Plan Investment Board reported that its funds earned 20.4 per cent net of […]

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CPPIB launching investment group focused on sustainable energy

bwolfe — Wed, 07 Apr 2021 17:00:56 +0000

The Canada Pension Plan Investment Board is launching a investment group that will focus on renewables, conventional energy and new technology and service solutions. The sustainable energy group combines the CPPIB’s energy and resources group with the power and renewables group for a total of $18 billion in assets, according to a press release. The group’s […]

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Caisse investing further in sustainable transportation, Ontario Teachers’ in cybersecurity, IT management

mschmit — Wed, 03 Feb 2021 05:40:17 +0000

The Caisse de dépôt et placement du Québec is continuing its investment partnership with MacKinnon, Bennett & Company Inc. in the form of a new joint $150-million investment in late-venture and early growth-stage companies focused on the decarbonization and transition to renewable-energy-powered transportation. The Caisse initially invested in the company in 2016 and again in […]

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Caisse investing further in green transportation, Ontario Teachers’ in cybersecurity

mschmit — Tue, 02 Feb 2021 11:00:06 +0000

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CPPIB investing in U.S. real-estate developments, European wind farms

mschmit — Thu, 07 Jan 2021 11:00:07 +0000

The Canada Pension Plan Investment Board is forming a joint venture with Greystar Real Estate Partners to pursue multi-family real estate development opportunities in target markets in the U.S. The CPPIB has invested US$350 million in equity to the joint venture for a 90 per cent stake and Greystar has allocated US$39 million for the remaining 10 per cent. Greystar will manage […]

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Caisse investing in wind and solar projects, AIMCo in German real estate

mschmit — Mon, 04 Jan 2021 05:00:35 +0000

The Caisse de dépôt et placement du Québec is investing an additional US$1 billion in Invenergy Renewables, a developer and operator of wind and solar projects across North America. The commitment, in the form of new investment facilities, will support Invenergy’s expanded development activities and continued growth, according to a press release. The Caisse began […]

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CPPIB, Caisse investing in European clean energy projects

mschmit — Wed, 09 Dec 2020 11:00:29 +0000

The Canada Pension Plan Investment Board is launching Renewable Power Capital Ltd., a U.K.-based platform that will focus on renewable energy investments in Europe. The platform is backed by the CPPIB’s power and renewables investment strategy and will invest in solar, onshore wind and battery storage projects across Europe, according to a press release, which also noted […]

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What will a Biden presidency mean for the economy going forward?

mschmit — Mon, 30 Nov 2020 08:25:02 +0000

The prospect of a Joe Biden presidency with a Republican-held senate is an ideal outcome for markets, said Charles Myers, founder and chairman of Signum Global Advisors, during the Canadian Investment Review’s Investment Innovation Conference in November. Speaking the morning after the election, Myers said Republicans’ expected continued control of the senate would have “very […]

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