Caisse de dépôt buys 24.7 percent stake in Invenergy Wind
The Caisse de dépôt et placement du Québec has acquired a 24.7 percent interest in Invenergy Wind, a wind power generation company owned by the Chicago-based Invenergy LLC. The deal's financial terms were not published. In early 2013, the Caisse bought an interest in an Invenergy wind farm portfolio, comprising 13 projects in the United States and Canada, including Le Plateau in Gaspésie. Last April, it added a second Québec wind farm, investing $42 million in the Parc des Moulins project at Thetford Mines. The Caisse will be a minority shareholder of the operating company as a result of the latest transaction.
10 July 2014•2 mins read
