OTPPB to acquire a 30% stake in Mahindra Susten for $300m.

Ontario Teachers' Pension Plan Board, a pension fund, agreed to acquire a 30% stake in Mahindra Susten, a manufacturer of solar energy equipment, for $300m. "We are delighted to welcome Ontario Teachers’ as a strategic partner in Mahindra Susten. The partnership with Ontario Teachers’ will enable the Mahindra Group to unlock value in the renewable energy sector with continued joint investments towards accelerated growth. The Mahindra Group aims to be Planet Positive by 2040 and the continued inflow of patient, long-term capital in our climate positive businesses is validation of our commitment to be a global ESG leader," Puneet Renjhen, Mahindra Group Member of Group Executive Board and EVP.