A definitive agreement was signed between American Tower and Data Infrastructure Trust (DIT), an Infrastructure Investment Trust sponsored by Canada-based Brookfield Asset Management. Under the agreement, DIT will acquire 100% of the equity interests in American Tower’s operations in India (ATC India). At closing, the total cash proceeds to American Tower could reach approximately INR 210 billion, equivalent to $2.5 billion.

Read more: Canada-Based Brookfield Acquires ATC India in $2.5 Billion Deal

Canada's Minister of Energy and Natural Resources, The Honourable Jonathan Wilkinson, revealed an investment of $229,356 towards Hypercharge for the deployment of 48 Level 2 electric vehicle chargers at 11 different parking facilities in Southern Ontario. Hypercharge also contributed additional funding, resulting in a combined project value of $458,712.

Read more: New EV Chargers Across Southern Ontario Will Be Available by 2024

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