Fiera acquires stake in U.S. solar and wind power projects
Fiera Infrastructure, an infrastructure investment firm, has acquired an indirect equity interest in a renewable energy portfolio owned by D.E. Shaw Renewable Investments LLC, an affiliate of D.E. Shaw Group, and other investors. No financial terms were released. The portfolio consists of eight U.S.-based solar and wind power generation projects, as well as three other projects expected to be added in 2017. The total portfolio reflects a gross generation capacity of 921 megawatts and includes assets located across eight states. Fiera Infrastructure is an affiliate of Montréal asset manager Fiera Capital Corp.


