PSP Investments to acquire 1.4GW hydroelectric assets in New England
The Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investment managers, is to acquire from ENGIE Group (EPA: ENGI) a New England portfolio of hydroelectric assets totalling 1.4GW for an enterprise value of USD1.2 billion. PSP Investments intends to maximise the potential benefits of combining its ownership