CPP Investments Amends Essential Utilities Stake Filing

TL;DR

CPP Investments updated its filing for Essential Utilities, no major changes reported yet.

AI Summary

Canada Pension Plan Investment Board (CPP Investments) filed an amendment to its Schedule 13D on November 8, 2024, regarding its holdings in Essential Utilities, Inc. The filing indicates a change in the reporting person, with CPP Investments now being the primary filer. No specific changes in beneficial ownership percentage or dollar amounts were detailed in this amendment.

Why It Matters

This amendment signals a potential shift in how CPP Investments reports its stake in Essential Utilities, which could be a precursor to further actions or simply a procedural update.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings can indicate changes in a significant shareholder's intentions or holdings, warranting close monitoring.

Key Players & Entities

• Canada Pension Plan Investment Board (company) — Reporting Person
• Essential Utilities, Inc. (company) — Subject Company
• CPP Investments (company) — Reporting Person (abbreviated)
• Patrice Walch-Watson (person) — Contact Person for Filing

FAQ

From the Filing

0001104659-24-115896.txt : 20241108 0001104659-24-115896.hdr.sgml : 20241108 20241108162953 ACCESSION NUMBER: 0001104659-24-115896 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241108 DATE AS OF CHANGE: 20241108 GROUP MEMBERS: CPP INVESTMENT BOARD PMI-2 INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Essential Utilities, Inc. CENTRAL INDEX KEY: 0000078128 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 231702594 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-31978 FILM NUMBER: 241441055 BUSINESS ADDRESS: STREET 1: 762 W. LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010-3489 BUSINESS PHONE: 610-527-8000 MAIL ADDRESS: STREET 1: 762 W. LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010-3489 FORMER COMPANY: FORMER CONFORMED NAME: AQUA AMERICA INC DATE OF NAME CHANGE: 20040120 FORMER COMPANY: FORMER CONFORMED NAME: PHILADELPHIA SUBURBAN CORP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANADA PENSION PLAN INVESTMENT BOARD CENTRAL INDEX KEY: 0001283718 ORGANIZATION NAME: IRS NUMBER: 980361334 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE QUEEN STREET EAST STREET 2: STE 2500 CITY: TORONTO ONTARIO STATE: A6 ZIP: M5C2W5 BUSINESS PHONE: 416 972 8226 MAIL ADDRESS: STREET 1: ONE QUEEN STREET EAST STREET 2: STE 2500 CITY: TORONTO ONTARIO STATE: A6 ZIP: M5C2W5 SC 13D/A 1 tm2427948d1_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment No. 1) Under the Securities Exchange of 1934 Essential Utilities, Inc. (Name of Issuer) Common Stock, par value $0.50 per share (Title of Class of Securities) 03836W103 (CUSIP Number) Patrice Walch-Watson Canada Pension Plan Investment Board One Queen Street East Suite 2500 Toronto, Ontario M5C 2W5 Canada Tel: (416) 868-4075 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 6, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨ Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No . 03836W103 1 NAME OF REPORTING PERSONS Canada Pension Plan Investment Board 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) x 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Canada NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 21,661,095 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 21,661,095 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,661,095 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Ins