{"id":17779,"date":"2019-12-10T15:00:58","date_gmt":"2019-12-10T20:00:58","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/psp-portfolio-company-h2power-selling-assets-to-australian-investment-manager-140051"},"modified":"2019-12-10T15:00:58","modified_gmt":"2019-12-10T20:00:58","slug":"psp-portfolio-company-h2power-selling-assets-to-australian-investment-manager","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/12\/10\/psp-portfolio-company-h2power-selling-assets-to-australian-investment-manager\/","title":{"rendered":"PSP portfolio company H2Power selling assets to Australian investment manager"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"><img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2013\/03\/BC-Feature_australia-e1535721866913.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"PSP portfolio company H2Power selling assets to Australian investment manager\"> <\/div>\n<\/div>\n<p class=\"byline\"><span>Staff<\/span>&nbsp;|&nbsp;December 10, 2019<\/p>\n<p>H2O Power, in which the Public Sector Pension Investment Board is a shareholder, is selling its Canadian hydroelectric generation assets to TCorp.<\/p>\n<p>Through the transaction, the investment and financial management partner of the New South Wales public sector will hold a 49 per cent interest&nbsp;in H2O Power\u2019s eight Canadian assets.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/psp-investments-sells-off-paris-office-building-121358\">PSP Investments sells off Paris office building<\/a><\/strong><\/p>\n<p>\u201cWe look forward to the next phase of H2O Power\u2019s development alongside TCorp,\u201d said Patrick Samson, managing director and head of infrastructure investments at the PSP, in a press release. \u201cTCorp is a responsible investor, fully committed to stewardship and aligned with our long-term investment horizon and commitment to upholding high environmental, social and governance standards.\u201d<\/p>\n<p>Stewart Brentnall, chief investment officer at TCorp, said his organization and the PSP share common objectives, values and investment horizons. \u201cThis renewable energy infrastructure investment allows us to expand our global investments, further diversify risk and provide positive, sustainable returns over the long term.\u201d<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/psp-portfolio-company-h2power-selling-assets-to-australian-investment-manager-140051\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;December 10, 2019 H2O Power, in which the Public Sector Pension Investment Board is a shareholder, is selling its Canadian hydroelectric generation assets to TCorp. Through the transaction, the investment and financial management partner&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17779"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=17779"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17779\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=17779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=17779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=17779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}