CPPIB in talks with Mytrah Energy for minority stake

Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) is in advanced talks to invest about $300 million in renewable energy producer Mytrah Energy Ltd for a significant minority stake, according to two people aware of the development. “Mytrah wanted to bring in a long-term investor and the proposed funds will be used for expansion,” said one of the persons cited above. Mytrah Energy had put its plan to raise dollar bonds worth $500 million on hold after the US Federa ..

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