Announced

Canada Pension Plan Investment Board to invest in Reventus Power.

Synopsis

Canada Pension Plan Investment Board, an investment company, agreed to invest in Reventus Power, an offshore wind centre services. Financial terms were not disclosed. “Reventus Power is an important pillar of CPP Investments’ global energy strategy, and its growth will help us expand our portfolio of green and transition assets. CPP Investments will benefit from the enhanced capabilities of Reventus Power to support our ambition to grow our offshore wind portfolio, where we see considerable potential,” Bill Rogers, CPP Investments Managing Director, Global Head of Sustainable Energies.

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