# 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.

- Type: Acquisition
- Announced: 2026-11-09
- Where: Canada
- Value: $1.60B
- Status: announced
- Products: water heaters, HVAC equipment, water purification systems, protection plans
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [PSP Investments](https://endata.com/companies/2613.md) (acquirer)
- [Brookfield](https://endata.com/companies/10866.md) (partner)
- [Enercare Inc.](https://endata.com/companies/33471.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/psp-investments-to-acquire-50-of-enercare-one-of-canadas-leading-home-infrastructure-platforms-for-approximately-1-6-billion-302933417.html), 2026-11-09: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.