The Canada Pension Plan Investment Board (CPPIB), also known as CPP Investments, is a professional investment organisation that invests the Canada Pension Plan (CPP) funds on behalf of more than 22 million contributors and beneficiaries. Headquartered in Toronto, Canada, CPP Investments operates independently of the Canadian government and invests globally across public and private markets, including infrastructure, real estate, private equity, equities, credit, and other strategies. Its infrastructure portfolio includes long-term investments in transportation, energy, utilities, communications and other essential assets. In the Sydney toll-road transaction, CPPIB is the selling investor, having agreed to sell its interests in NorthWestern Roads Group and Sydney Transport Partners to Transurban for approximately A$4.5 billion.