Ontario Teachers, PSP, Santander launch Cubico Sustainable Investments
The Ontario Teachers' Pension Plan, Public Sector Pension Investment Board (PSP Investments) and Spanish banking group Banco Santander SA have launched Cubico Sustainable Investments, a firm established to invest in and manage global renewable energy and water infrastructure assets. Owned equally by Ontario Teachers, PSP and Santander, Cubico is led by Santander's former infrastructure investments team. It begins operations with a portfolio of wind, solar and water infrastructure assets previously owned by Santander and valued at more than US$2 billion. Based in London, Cubico will also have offices in Milan, Sao Paulo and Mexico City.
28 May 2015•6 mins read
