North America / pension_investment_manager / reviewed 2026-09-28
CPP Investments
Canadian pension investment manager in the AirTrunk consortium.
A pension-capital relationship, not a venture-capital round or an operator’s construction role.
Follow a relationship.
Direction records the stated relationship. A path through this web does not establish intent, causation or control beyond its individual records.
Pension investor in consortium
CPP Investments is named in the completed acquisition consortium; no individual payment is assigned.
2024-12-23 · pension investment
Read the ledger.
Over AUD 24 billion implied enterprise value
AirTrunk consortium acquisition: enterprise-value basis
Consortium-wide implied enterprise value includes committed-project capital expenditure. It is neither one investor’s payment nor annual operating expenditure. The completion source subsequently describes the deal as A$24 billion.
2024-09-04 · Agreement September 2024; completion December 2024 · documented
Inspect this record and its sources ↗Sources in this record.
- AirTrunk acquisition agreement and valuation basisBlackstone · 2024-09-04 · source access 2026-09-28
Company announcement. Enterprise value includes capital expenditure for committed projects; it is not cash invested by one consortium member.
- Completion of AirTrunk acquisitionAirTrunk · 2024-12-23 · source access 2026-09-28
Operator announcement confirms completion by Blackstone-led consortium including CPP Investments.