OPTrust invests in environmental commodity trader ACT
OPTrust has invested in ACT Commodities, a Dutch trading house active in the global environmental commodities market. The Canadian pension fund invested alongside U.K. private equity firm Three Hills Capital Partners. The deal's value was more than €60 million ($90 million). Founded in 2009, ACT specializes in trading energy commodities related to incentive schemes for meeting environmental compliance and goals. OPTrust President and CEO Hugh O'Reilly said the market ACT focuses on "will grow exponentially with the progressive long-term shift towards clean energy."
30 October 2018•3 mins read
