Ontario Teachers’ Pension Plan must divest from privatized water in Chile, says Council of Canadians
In August 2007, the OTPP purchased shares in Chilean water utilities ESSBIO and ESVAL as well as their subsidiaries ASNM and Aguas del Valle through its investment unit, Inversiones Southwater. OTPP actively participates in the running of these private companies, with two representatives on each of the boards, and controls 61% of ESSBIO and 77% of ESVAL. See article.
