Wire · operational-macro
PSP Investments sells US clean energy arm to private equity firm
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 3 November 2026 · Fusion42 review
PSP Investments sold its US clean energy assets under the FirstLight brand to private equity firm Hull Street Energy, retaining Canadian hydroelectric assets under a new company, Caelo Energy, with 202 MW capacity in Quebec and Ontario. Caelo Energy aims to advance nearly 1 GW of clean energy projects including wind, solar, hydro, and battery storage in Canada.
This Wire brief sits within Fusion42's coverage of Clean Energy, and 2 sources have reported it between 2 Nov 2026 and 3 Nov 2026.
◆ ◆ The Wire takeaway
You need to follow private equity moves in clean energy infrastructure as Hull Street’s acquisition in the US shows big players are reshaping power assets while Canada’s market opens for developers like Caelo Energy. Your chance to pitch new projects or partnerships in Canadian clean power just got clearer.
◆ Coverage
2 sources · first reported 2 Nov 2026 · latest 3 Nov 2026
◆ Related on Wire
◆ Topics