Ontario Teachers’ Pension Plan (OTPP) has partnered with Alphabet Inc to form Sidewalk Infrastructure Partners (SIP), a platform for investing in and holding technology-enabled sustainable infrastructure assets. Terms weren't disclosed. SIP was spun out of Sidewalk Labs, the New York-based urban innovation business of Alphabet, Google's parent company. SIP will focus on five verticals: advanced mobility, energy, water and waste, digital infrastructure and social infrastructure. In each of the verticals, SIP will facilitate the application of technology, including artificial intelligence and machine learning, autonomous vehicles, energy management, cloud and data analytics, networking and cybersecurity.
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