PSP Investments to acquire 50% of Enercare for about $1.6 billion
BN•PSP Investments will acquire a 50% stake in Enercare for approximately C$1.6 billion and expects the transaction to close in the first half of 2027. It will partner with Brookfield to support Enercare.
1. Transaction details
PSP Investments will acquire 50% of Enercare for approximately C$1.6 billion. The transaction is expected to close in the first half of 2027, and PSP Investments will partner with Brookfield to support Enercare.
2. Canadian investments
PSP Investments expects its Canadian investments to surpass C$100 billion over the next few years. All figures are in Canadian dollars.
