CIM's Infrastructure Strategy is focused on equity and debt investment in infrastructure companies and assets. This strategy is an extension of CIM's urban investment discipline, focusing on public goods and services, such as energy and utilities, including renewable energy generation, natural resources, and distribution networks/facilities; water management, including water storage and treatment facilities; transportation, including parking and urban transportation facilities; waste management, including recycling and waste-to-energy facilities as well as communications and social infrastructure, including healthcare facilities and wireless communication sites; which support urban communities.
Through the Infrastructure Strategy, CIM purchased the solar assets of SkyPower Corp. in November 2009, and created a new entity named SkyPower Limited. Among the assets were a 50 percent stake in the 9.1-megawatt First Light energy park—the first operational utility-scale solar energy project in Canada—as well as a pipeline of 50 additional projects representing the potential for more than 500 megawatts of solar power generation nameplate capacity. This project has increased the amount of clean energy available to meet the growing needs of urban communities across distribution grids of customers throughout Canada.
SkyPower is the largest and one of the most successful developers and owners of utility-scale solar energy projects in the world.
The WIllow Springs Water Bank is located in the Antelope Valley near Rosamond, Califorinia.
CIM formed Urban Parking Joint Venture with a leading parking operator to acquire and operate urban parking assets in the U.S.