Mergers & AcquisitionsMedium•9 November 2026•
1 min read
PSP Investments to Acquire 50% Stake in Enercare for $1.6 Billion
Key Facts
1The Public Sector Pension Investment Board (PSP Investments) agreed to acquire a 50% interest in Enercare Inc. from Brookfield.
2The acquisition value for the stake in the energy and home solutions provider is approximately $1.6 billion.
The Public Sector Pension Investment Board (PSP Investments) agreed to acquire a 50% interest in Enercare Inc. from Brookfield. Benzinga reported that the acquisition value for the stake in the energy and home solutions provider is approximately $1.6 billion.
The transaction represents a partial exit for Brookfield from its investment in the home services provider, while PSP Investments enters as a long-term partner. Brookfield Corporation shares, trading under the ticker BN, closed at $41.38 on November 6, 2026.