Caisse partners in $1.35 bln buy of Mexican wind and solar assets

Caisse de dépôt et placement du Québec has partnered with CKD Infraestructura México (CKD IM) to acquire 80 percent of a portfolio of eight wind and solar assets in Mexico owned by Enel Green Power SpA. The deal is valued at US$1.35 billion. It will see Enel, an Italian renewable energy business, continue to operate the portfolio and hold a 20 percent interest. The acquisition is one in a series undertaken since 2015 by the Caisse in partnership with CKD IM, a consortium of Mexican pension and infrastructure fund managers.

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