Caisse de dépôt ups investment in AddÉnergie

Caisse de dépôt et placement du Québec has invested an undisclosed amount in AddÉnergie Technologies, a Québec City-based provider of electric vehicle charging solutions. The Caisse, which was joined in the deal by the Québec government, partnered in a $12.8 million investment in the company in 2016. Founded in 2009 and led by President and CEO Louis Tremblay, AddÉnergie makes charging stations and develops network management software. It expects to have more than 100,000 stations in service within the next three years. AddÉnergie will use the funds raised to double production capacity at its Shawinigan plant, develop new products and pursue growth in the U.S. market.