PSP Investments to acquire 50% of Enercare for $1.6 billion

PSP Investments announced an agreement to acquire a 50% interest in Enercare Inc., a Canadian home infrastructure platform, from Brookfield and its institutional partners for $1.6 billion. Enercare provides water heaters, HVAC equipment, and related services to over 1.4 million Canadian homes.

“PSP Investments today announced the signing of an agreement to acquire a 50% interest in Enercare Inc. from Brookfield and its institutional partners for $1.6 billion.”prnewswire.com

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• prnewswire.comPSP Investments to acquire 50% of Enercare, one of Canada's leading home infrastructure platforms, for approximately $1.6 billionPSP InvestmentsNov 9, 2026

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