The technology giant is teaming up with its subsidiary, Sidewalk Labs LLC, and Ontario Teachers’ Pension Plan to launch an infrastructure holding company that is being spun out of Sidewalk. Sidewalk Infrastructure Partners, as the new firm will be known, will focus on investing in what the group calls technology-enabled infrastructure, the partners said. — The Wall Street Journal
The firm, according to The Wall Street Journal, will target its investments on "advanced mobility, energy, water and waste, digital infrastructure, and social infrastructure" projects that require more than $100 million in equity.
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