Asset Allocation
Blackstone Invests $3 Billion in CDPQ-Owned Invenergy Renewables
The Quebecois pension fund will remain a majority owner, and Invenergy management will run the firm.
Tag: Renewable Energy
Asset Allocation
Special Report: Green Jobs Have a Nice Future … But Fossil Fuel Work Will Persist
While oil and gas workforces are projected to shrink, they aren’t expected to vanish for some time.
What’s Both Cool and Hot? Wind and Solar Power Investments, Allocators Say
Seeing lush future profits, institutions are diligently investing in these two renewable energy sources.
Corporate Moves
CDPQ Takes Greater Stake in Energy Firm Énergir with $1.14 Billion Transaction
The firm is expanding and diversifying its business into renewables across North America, the Quebec allocator said.
Pensions
Investors Should Decarbonize Portfolios by 10% Annually, MSCI Says
The firm laid out plans for asset owners, managers, and other participants in a call to action this week.
Market Moves
The Case for Investing in Copper, the Go-To Metal for Renewable Energy Projects
Goldman Sachs predicts rising prices for the commodity, which will be key for solar power and electric vehicles.
Pensions
CPPIB Launches Sustainable Energy Group
The Canadian pension giant is merging two business units to create the C$17.7 billion investment division.
Asset Allocation
University of Michigan Pledges to Become Net-Zero by 2050
The $12.5 billion endowment’s portfolio will immediately shift to sustainable assets and shun fossil fuels.
Market Moves
General Motors Throws Down in Super Bowl Ad on Electric Vehicles
The company will release 30 new electric vehicles by 2025, though the initial models will not be cheap.
Market Moves
General Motors Aims to Be Carbon Neutral by 2040
The pledge comes days after John Kerry and Larry Fink called on the private sector to fight climate change.
Alternatives
CPPIB Invests $650 Million in Real Estate, Renewable Energy
Canadian pension giant targets US multifamily and European wind farm investments.
Alternatives
CDPQ, Cathay Take 50% Stake in Taiwanese Wind Farm
The deal amounts to a $2.7 billion transaction.
Alternatives
CDPQ to Invest $1 Billion into Wind and Solar Firm Invenergy
The Quebec pension fund hopes the funding will cement the renewable firm’s industry-leading position in North America.
Renewables’ Biggest Obstacle to Being Good Long-Term Investments?
A lack of decent battery storage capability. The race is on to improve that, though.
Alternatives
CDPQ Expands into Renewable Energy Infrastructure in Spain
The Canadian pension plan continues its growth in sustainable investments around the globe.