The Ontario Teachers’ Pension Plan is taking a 40 percent stake in a Wakefield power-line developer and plans to invest $2 billion in its clean-energy projects over the coming years.
Anbaric is expected to announce the deal Thursday. The Canadian pension giant will invest $75 million to gain a 40 percent stake in Anbaric, creating a joint venture called Anbaric Development Partners that will work on clean-energy transmission projects in North America.