09-07-2025
ADIA, OTPP Are Said to Weigh Sale of Asian Renewables Firm Equis
The Abu Dhabi Investment Authority and Ontario Teachers' Pension Plan Board are considering a sale of Asia-Pacific renewable energy developer Equis Development Pte, according to people familiar with the matter.
ADIA and OTPP, which together own a majority stake in Singapore-based Equis, are working with a financial adviser on the potential disposal, the people said, asking not to be identified because the deliberations are private. A transaction may value Equis at more than $2 billion, the people said.
