Infrastructure

Establishing foundations around the world

Investing in long-term relationships

We focus on building long-term partnerships with operators, peers and industry leaders. Our ability to deploy large amounts of capital and our flexible investment horizon allow us to commit to

large-scale projects, as well as targeted growth opportunities including through industy platforms. We invest across diverse sectors, from renewables to telecommunications and transport.

Fast facts

  • Diverse team of over 45 investment professionals in Montréal and London​

  • Meaningful exposure to renewable energy, data infrastructure and transportation​

  • Proven capacity to execute large and complex transactions

What sets us apart?

  • Focused on sector-specific platform companies with deep operational expertise and a mandate to grow​

  • Flexible investment mandate across a wide variety of sizes and types​

  • Agile investor with a global perspective​

Infrastructure at a glance

[In C$ as at March 31, 2024]

$
34.5
B

Net assets under management (AUM)

$
4.3
B

Portfolio income

14.3
%

1-year rate of return

12.0
%

5-year annualized return

Discover where we invest

Geographic diversification

  • 35.4%
    Europe
  • 22.2%
    US
  • 15.8%
    Asia
  • 11%
    Central and South America
  • 9.6%
    Oceania
  • 6%
    Canada

Sector diversification

  • 37.6%
    Industrials
  • 29.6%
    Utilities
  • 21.4%
    Communications
  • 4.7%
    Energy
  • 2.1%
    Technology
  • 4.6%
    Other

A sample of our investments

Infrastructure in action

A unique, stable Canadian natural gas utility and renewable power business

Company: TriSummit Utilities 

Headquarters: Canada 

Sector: Utilities and Renewable Energy 

Date: 2020 

 

TriSummit Utilities is a Canadian portfolio of regulated natural gas utilities and contracted renewable power assets, owned by PSP Investments and Alberta Teachers’ Retirement Fund. The company owns three rate-regulated natural gas distribution utilities in British Columbia, Alberta and Nova Scotia, as well as wind and hydroelectric power generation in British Columbia. As of 2019 year-end TriSummit had a combined rate base of ~$941 million, 132 MW of net renewable generation, and served ~130,000 customers, delivering low carbon energy safely and reliably. 

Largest independent datacenter operator in AsiaPacific

Company: Airtrunk 

Headquarters: Australia / Singapore 

Sector: Data Infrastructure 

Date: 2019

 

AirTrunk is the largest independent operator of hyperscale datacentres in Asia Pacific. AirTrunk owns and operates assets in Sydney, Melbourne, Singapore and Hong Kong with total expandable capacity of over 400 MW. AirTrunk is a compelling investment proposition due to strong secular increase in data demand and public cloud adoption in Asia Pacific. PSP partnered with Macquarie Infrastructure and Real Assets to acquire AirTrunk in April 2020. Through its experienced and world class management team, AirTrunk’ strategy is to expand into new markets across Asia to maintain its market leadership in the region.

Meet our team leader

Sandiren Curthan

Managing Director and Global Head of Infrastructure Investments

 

Contact the team

Want to know how you can experience the edge? Join our team.