CPP Investments

Hydrostor Inc. is a company based in Toronto, Canada, that specializes in developing and operating compressed air energy storage systems. Founded in 2010, Hydrostor's technology offers a solution for addressing the electricity system's needs for dispatchable capacity and renewable energy integration. The company's systems provide long-duration, emission-free energy storage, capable of delivering hundreds of megawatts for 4 to 24 hours, making them suitable for both behind-the-meter applications and remote operations, particularly in mines and large industrial facilities. Hydrostor's approach also allows for the repurposing of retired fossil fuel plants and utilizes existing mining infrastructure. The company serves clients primarily in the United States, Australia, and Canada, and has established a strategic partnership with AECOM to enhance its service offerings.

Enpal GmbH, founded in 2017 and based in Berlin, Germany, specializes in providing all-in-one renewable energy solutions, including solar panels, battery systems, wallboxes, heat pumps, and energy management systems. The company focuses on making renewable energy accessible and affordable for customers in Germany and Italy through a unique leasing model that requires no upfront payment. This model covers installation, insurance, and maintenance, attracting customers who prefer to avoid high initial investments. Enpal has successfully installed over 60,000 solar photovoltaic systems, becoming the market leader in Germany. The company employs more than 1,000 staff, including over 200 local installer teams, and has opened several satellite offices to enhance customer service. Enpal has received numerous accolades, including awards for sustainability and customer service. In recent years, it has diversified its offerings and introduced a sales option to accommodate customers interested in purchasing their solar solutions. In 2022, Enpal reported revenues exceeding 400 million euros and has been recognized as one of Germany's fastest-growing companies.

Telecom Italia is the leading telecommunications operator in Italy, holding over 30% of the mobile market and 40% of the broadband market. The company specializes in providing advanced telecommunications services through its extensive technological infrastructure, including an optic-fiber fixed-line network available nationwide and internationally through its subsidiary, Sparkle. Telecom Italia offers a range of mobile and fixed-line telephony services, catering to both communication and entertainment needs. Additionally, the company focuses on supporting small and medium enterprises in their digital transformation by providing tailored solutions. While it competes with other major players such as Vodafone, Wind Tre, and Iliad in the mobile sector, it has also established a presence in Brazil's wireless market, although its reach remains limited compared to local competitors.

Altus Power is a clean electrification company focused on developing, owning, and operating large-scale solar photovoltaic and energy storage systems throughout the United States. It serves a variety of clients, including commercial, industrial, public sector, and community solar customers. Altus Power's approach involves deploying capital to construct clean energy systems on commercial buildings, properties, schools, and municipal facilities. The electricity generated from these systems is sold to the host entities or utilities at a reduced rate compared to grid prices, allowing hosts to benefit from discounted energy without any upfront investment. Additionally, Altus Power offers long-term agreements that can include leases and revenue contracts for solar power generation, as well as electric vehicle charging and energy storage solutions, contributing to its mission of advancing the clean energy transition.

Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.

Hydrostor Inc. is a company based in Toronto, Canada, that specializes in developing and operating compressed air energy storage systems. Founded in 2010, Hydrostor's technology offers a solution for addressing the electricity system's needs for dispatchable capacity and renewable energy integration. The company's systems provide long-duration, emission-free energy storage, capable of delivering hundreds of megawatts for 4 to 24 hours, making them suitable for both behind-the-meter applications and remote operations, particularly in mines and large industrial facilities. Hydrostor's approach also allows for the repurposing of retired fossil fuel plants and utilizes existing mining infrastructure. The company serves clients primarily in the United States, Australia, and Canada, and has established a strategic partnership with AECOM to enhance its service offerings.

Advanced Drainage Systems, Inc. is a leading manufacturer of thermoplastic corrugated pipes and water management products, catering to the stormwater and wastewater industries. Established in 1966 and headquartered in Hilliard, Ohio, the company designs, produces, and markets a wide range of innovative products, including single, double, and triple wall corrugated pipes made from polypropylene and polyethylene, as well as various fittings, basins, and drainage structures. Advanced Drainage Systems serves diverse applications across non-residential, residential, agricultural, and infrastructure sectors. It operates a robust network of approximately 56 manufacturing plants and 32 distribution centers, ensuring its products reach customers in the United States, Canada, and internationally. The company also provides allied products such as storm retention chambers, septic systems, and geotextiles for soil stabilization and erosion control, reinforcing its position in the underground construction and infrastructure marketplace.

VoltaGrid LLC, based in Bellaire, Texas, operates in the energy sector and specializes in advanced energy management and generation solutions. Founded in 2020, the company focuses on improving power quality and reliability through a portable and scalable power platform that integrates natural gas and grid power. VoltaGrid aims to transform mobile power generation by providing clean, efficient energy solutions for clients in industries such as pressure pumping, remote mining, utilities, and distributed generation. By utilizing its innovative technology, VoltaGrid enables clients to achieve significant reductions in emissions and fuel consumption.

Aqua America, Inc. is a holding company that operates regulated utilities providing water and wastewater services across multiple states in the United States, including Pennsylvania, Texas, North Carolina, Ohio, Illinois, New Jersey, New York, Florida, Indiana, Virginia, Maine, and Georgia. The company's primary subsidiary, Aqua Pennsylvania, is a significant contributor to its operating revenues, accounting for approximately 56% as of 2011. Aqua America has expanded its service offerings through strategic acquisitions, including the purchase of several water systems and a wastewater system in 2014. Notably, Aqua Pennsylvania Wastewater acquired the wastewater assets of Penn Township in Chester County, while its Illinois subsidiary acquired the McHenry Shores Water Company in McHenry, Illinois. Through its various subsidiaries, Aqua America aims to deliver essential water and wastewater services to a diverse customer base across its operational regions.