Canadian Investors Betting Big On US Clean Energy Sector
By Keith Goldberg (June 28, 2017, 4:57 PM EDT) -- Canadian asset management firms have recently poured billions of dollars into U.S. renewable energy companies, upping a bet on the American clean energy sector's long-term growth despite the Trump administration's singular focus on fossil fuels, experts on both sides of the border say.
Canadian pension manager PSP Investments' June 19 acquisition of a nearly 10 percent stake in clean energy firm Pattern Energy Group Inc. and pledge to invest $500 million in projects the company will acquire from its development arm is the latest big-ticket purchase of a U.S. renewable energy by a Canadian asset manager in 2017.
Alberta Investment Management...
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