Freshfields advises Canadian pension funds on acquisition of interests in a $2bn renewable energy and water infrastructure portfolio
Freshfields Bruckhaus Deringer has advised Ontario Teachers' Pension Plan and the Public Sector Pension Investment Board, two of Canada's largest pension funds, on their agreement with Banco Santander, S.A. to acquire jointly an international portfolio of renewable energy and water infrastructure assets.
The assets, currently owned solely by Santander, will be transferred to a new company owned equally by all three parties.