CIB in talks with private investors for infrastructure deals: Reuters

Canada Infrastructure Bank is currently in talks with landowners about financing building retrofits as part of a plan to foster a green economic recovery, Reuters reported.

Canada Infrastructure Bank is currently in talks with landowners about financing building retrofits as part of a plan to foster a green economic recovery, Reuters reported. The news wire noted that CIB said there will be private investors for its projects. CIB has held talks with investment funds, institutional investors, private equity and domestic and foreign banks, according to CIB CIO John Casola. Earlier this month, Prime Minister Justin Trudeau launched a C$10 billion three-year infrastructure plan to be managed by the CIB.

Source: Reuters