The purchase from asset manager TPG nets the pension fund seven electricity lines in 10 Brazilian states.
The Canadian pension plan aims for a ‘$10 billion-plus’ infrastructure portfolio.
The Canadian pension fund will establish defined portfolio targets in the coming months.
The fund is teaming up with Indian private debt manager Edelweiss Group.
The pension funds are each taking a 50% stake in Asia Pacific Healthcare Group in a $362 million sale.
OTPP and New Gold Inc. trade instant capital for free cash flows from a gold mine, with the option to convert to ownership.
Annesley Wallace will replace Blake Hutcheson, who recently was named CEO of the organization.