Hot topics close

Canada pension investor CDPQ to invest $1 billion in Invenergy

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) said on Friday it would invest $1 billion in Invenergy Renewables LLC, the largest private developer, owner and operator of wind and solar projects in North America.

By Reuters Staff

1 Min Read

FILE PHOTO: The Caisse de depot et placement du Quebec (CDP) building is seen in Montreal, February 26, 2014. REUTERS/Christinne Muschi

(Reuters) - Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) said on Friday it would invest $1 billion in Invenergy Renewables LLC, the largest private developer, owner and operator of wind and solar projects in North America.

CDPQ is seeking to decarbonize its investment portfolios and achieve net-zero emissions by 2050, and renewables are a particular focus as a part of the battle against climate change.

The $1-billion investment by CDPQ is the largest since it began its partnership with company in 2013 said Executive Vice-President and Head of Infrastructure Emmanuel Jaclot at CDPQ.

Reporting by Arunima Kumar in Bengaluru; Editing by Ramakrishnan M.

Similar news
  • La Caisse mise sur l'éolien à Taiwan
  • Quebec provincial pension fund invests $1 billion in clean energy company Invenergy
  • Caisse invests $1B in clean energy company Invenergy
  • Caisse invests $1B in clean energy company Invenergy
  • Quebec provincial pension fund invests $1 billion in clean energy company Invenergy
  • Quebec provincial pension fund invests $1 billion in clean energy company Invenergy
  • CDPQ to invest additional $1bn in Invenergy
  • Canada pension investor CDPQ to invest $1 billion in Invenergy
  • La Caisse perd un de ses plus hauts dirigeants
  • La Caisse aurait pu encaisser une autre crise, selon son président
  • La Caisse de dépôt met 4 milliards à la disposition des entreprises
  • «Performance attendue» pour la CDPQ dans la dernière année en poste de Michael Sabia
  • Caisse de dépôt: de grands défis pour la patronne de l'immobilier
  • La Caisse de dépôt a réalisé un rendement de 10,4 % en 2019
  • Le nouveau président de la Caisse veut «hausser nos ambitions»
  • CDPQ to invest in India solar power developer Azure Power
  • CDQP Rpnsbl
  • U of T names Michael Sabia director of the Munk School of Global Affairs & Public Policy
This week's most popular news