Investment Summary

PSP Investments, CPP Investments and Ferrovial SA Invest In 407 ETR

On March 13, 2025, pension PSP Investments, pension CPP Investments and Ferrovial SA invested in infrastructure company 407 ETR

Investment Highlights
  • This is PSP Investments’ 3rd, CPP Investments’ 3rd and Ferrovial SA’s 1st transaction in the Infrastructure sector.
  • This is PSP Investments’ 4th, CPP Investments’ 2nd and Ferrovial SA’s 1st transaction in Canada.
  • This is PSP Investments’ 2nd, CPP Investments’ 1st and Ferrovial SA’s 1st transaction in Ontario.

Investment Summary

Date 2025-03-13
Target 407 ETR
Sector Infrastructure
Investor(s) PSP Investments
CPP Investments
Ferrovial SA
Deal Type Stake Purchase

Target

407 ETR

Woodbridge, Ontario, Canada
407 ETR is an all-electronic, barrier-free, toll highway spanning 108km in the Greater Toronto Area. 407 ETR is based in Woodbridge, Ontario.

Search 205,615 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 3

Investor

PSP Investments

Investor Investor Investor Investor


Category Pension
Founded 1999
PE ASSETS 19.4B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

PSP Investments is a Canadian pension manager focused on a variety of investment strategies including public equities, real estate, private equity, infrastructure, private debt, and natural resources. The Firm's private equity group looks to back funds as well as make direct investments in partnership with managers. PSP will consider opportunities globally and will invest across a broad range of sectors, including financials, consumer, industrials, healthcare, technology, communications, and energy. PSP Investments is based in Ottawa.


DEAL STATS #
Overall 30 of 30
Sector (Infrastructure) 3 of 3
Type (Stake Purchase) 4 of 4
State (Ontario) 2 of 2
Country (Canada) 4 of 4
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-04 AirTrunk

North Sydney, Australia

AirTrunk is an Asia Pacific data center platform operating 800MW of capacity committed to customers and owns land that can support over 1GW of future growth across the region. AirTrunk is based in North Sydney, Australia.

Sell AU$24.0B
Investor
DESCRIPTION

CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.


DEAL STATS #
Overall 52 of 52
Sector (Infrastructure) 3 of 3
Type (Stake Purchase) 10 of 10
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-10 Calpine

Houston, Texas, United States

Calpine is a generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Calpine was founded in 1984 and is based in Houston, Texas.

Sell $26.6B
Investor

Ferrovial SA

Madrid, Spain

Category Company
Founded 1952
Sector Construction
DESCRIPTION

Grupo Ferrovial, S.A. operates as a construction company in Spain.


DEAL STATS #
Overall 5 of 5
Sector (Infrastructure) 1 of 1
Type (Stake Purchase) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Amey

London, United Kingdom

Amey is an infrastructure services and engineering company helping the economy to grow by designing, maintaining, and transforming the nation’s strategic assets. The company’s unique engineering and operations experience, together with data-driven insight from its consulting business, delivers better results for our clients. Amey is based in London, United Kingdom.

Sell -