Trump admin seizes US$120,000,000 owned by the Canada Pension Plan Investment Board as stake in an offshore wind project, demands that it be invested in fossil fuel development instead.
Trump admin seizes US$120,000,000 owned by the Canada Pension Plan Investment Board as stake in an offshore wind project, demands that it be invested in fossil fuel development instead.
https://www.cppinvestments.com/the-fund/how-we-invest/
Geographic diversification is the stated reason. At least it’s green infrastructure. Hopefully they take the project somewhere better.