ENGIE Brasil Energia, renowned as Brazil’s leading 100% renewable energy company, and CDPQ, a prominent global investment group, have officially announced a major transaction involving the sale of a 15% stake in Transportadora Associada de Gás S.A. (TAG) to CDPQ. Valued at BRL 3.1 billion, approximately CAD 848 million, the deal is subject to customary […]
American Electric Power (AEP), listed under Nasdaq as AEP, has successfully finalized the sale of its expansive 1,365-megawatt (MW) unregulated renewables portfolio. The strategic acquisition was made by IRG Acquisition Holdings, a powerhouse consortium owned by market leaders like Invenergy, CDPQ, and funds overseen by Blackstone Infrastructure. Valued at an impressive enterprise worth of $1.5 […]
Bharat Road Network Limited (BRNL) said that it has wrapped up the sale of its 40% stake in Shree Jagannath Expressways Pvt Ltd (SJEPL), the operator of a 67km toll road in Odisha, to India Highway Concession Trust. The buyer is an infrastructure investment trust established by Canada’s Caisse de dépôt et placement du Québec […]
Ørsted has wrapped up its previously announced sale of a 50% stake in the 605MW Greater Changhua 1 offshore wind farm in Taiwan to Caisse de dépôt et placement du Québec (CDPQ), a Canadian pension fund company, and Cathay PE, a Taiwanese private equity fund. The deal, which is worth DKK 16 billion ($2.49 billion), […]
Suzlon Group has bagged a new order for developing a 252MW wind power project in Gujarat from CLP India, an investor in the Indian power sector. As per the contract, the Indian renewable energy solutions provider Suzlon Group will be responsible for supplying and installing 120 S120-140m wind turbine generators (WTGs) with a Hybrid Lattice […]
Constellation Insurance has agreed to acquire Ohio National Mutual Holdings (ONMH) and its subsidiary Ohio National Financial Services for $1 billion. Backed by institutional investors Caisse de dépôt et placement du Québec (CDPQ) and Ontario Teachers’ Pension Plan Board, Constellation Insurance is an insurance holding company which pursues acquisitions of North America-based life and property […]
Caisse de dépôt et placement du Québec (CDPQ), a Canadian pension fund company, is acquiring 73 solar power plants in Spain with a total capacity of 216MW from Q-Energy, an investment and renewable energy management company. The financial terms of the deal were not revealed. The acquisition from Q-Energy’s Q-Energy III Fund marks CDPQ’s first […]