ADIA and OTPP to invest $1.25bn in Equis Development.

Investment companies Abu Dhabi Investment Authority and Ontario Teachers’ Pension Plan Board, together with Equis management, agreed to invest $1.25bn in Equis Development, a company focused on developing, constructing and operating primary and hybrid renewable energy and biomass generation, power grid distribution and transmission and waste infrastructure assets. "We believe there is a significant opportunity to support the growth of renewable energy infrastructure in Asia Pacific. Equis has a strong management team with extensive development and operational experience and is well positioned to continue to build its reputation as one of the region’s leading renewable energy businesses," Khadem Al Remeithi, ADIA Executive Director of the Real Estate & Infrastructure Department.