CPP Investments sells Australian toll road assets for A$4.5 billion
The sale involves interests in WestConnex and NorthWestern Roads Group to Transurban, realizing value from mature infrastructure holdings.
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Pension fund investment management organization
cppinvestments.comLast updated
In short: CPP Investments posted a 7.5% quarterly return and launched a C$50 billion Canada fund with Brookfield
The sale involves interests in WestConnex and NorthWestern Roads Group to Transurban, realizing value from mature infrastructure holdings.
The firm views the acquisition as vital long-term infrastructure yielding durable returns for contributors and beneficiaries.
The joint framework targets large-scale Canadian infrastructure projects exceeding C$5bn equity over five years.
The transaction strengthens the Nordic data center platform by combining regional assets to capture growing digital infrastructure demand across Scandinavian markets.
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