Caisse de dépôt acquires 45 pct interest in DP World Chile

Caisse de dépôt et placement du Québec (CDPQ) has acquired a 45 percent stake in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen, serving Chilean consumption and industrial centres. CDPQ invested through its $5 billion investment platform with Dubai port operator DP World, established in 2016. CDPQ said its acquisition will be executed at the same price as DP World’s April purchase of Puertos y Logística SA (now DP World Chile) for US$502 million. Earlier this month, the CDPQ-DP World platform agreed to acquire Vancouver-based marine terminal Fraser Surrey Docks from Macquarie Group.

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