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Ontario Teachers’ Pension Plan

Company Summary

Description

The Ontario Teachers' Pension Plan Board is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. Ontario Teachers' also invests the plan's pension fund, and is one of the world’s largest institutional investors.

Website

https://www.otpp.com/

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Recent news

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Company Transactions

Date: 3/31/2022
Type: Acquisition

BUYERS:
  • Ontario Teachers’ Pension Plan
    • SELLERS:
  • NextEra Energy Resources LLC
    • ASSETS:
  • White Mesa Wind
  • Irish Creek Wind
  • Hubbard Wind
  • Cool Springs Solar & Battery Storage
  • Little Blue Wind
  • Dodge Flat Solar
  • Elora Solar
  • Quitman II Solar
  • Fish Springs Ranch Solar
  • Minco Wind III, LLC
  • Ensign Wind LLC
  • Borderlands Wind
  • Quinebaug Solar
    • DETAILS:

    COST: 849 $MM

    NOTES:
    NextEra Energy has agreed to divest a 50% non-controlling stake in a 2,520-MW portfolio of long-term contracted renewables assets to the Ontario Teachers' Pension Plan Board for $849 million. Closing is planned for late-2021/early-2022.
    REGIONS:
  • Lower 48

    • Date: 10/15/2021
    Type: Acquisition

    BUYERS:
  • Macquarie Asset Management
  • Ontario Teachers’ Pension Plan
    • SELLERS:
  • Canada Pension Plan Investment Board
  • Puget Sound Energy, Inc.
    • DETAILS:
    NOTES:
    Macquarie Asset Management & Ontario Teachers Pension Plan Board have signed a deal to jointly acquire a 31.6% Stake in Puget Holdings from Canada Pension Plan Investment Board. Puget's main subsidiary is Puget Sound Energy, a utility company in Washington with 1.2 million electric and 0.9 million natural gas customers.
    REGIONS:
  • Pacific Northwest

    • Date: 12/31/2020
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
  • Brookfield Asset Management
  • Snam SpA
  • GIC Private Limited
  • Ontario Teachers’ Pension Plan
  • NH Investment & Securities Co
    • SELLERS:
  • Abu Dhabi National Oil Company (Adnoc)
  • ADNOC Gas Pipeline Assets LLC
    • DETAILS:

    COST: 10.1 $B

    NOTES:
    Abu Dhabi is closing in on a deal to sell a stake in natural gas pipelines to a group led by Global Infrastructure Partners and Brookfield Asset Management. The purchase would include a 49% stake in the pipelines as soon as this month, with the pipes valued in excess of $15 billion.
    REGIONS:
  • Middle East