CDPQ to grow Invenergy Renewables ownership to 52.4 pct
Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire an additional interest in Invenergy Renewables LLC, a renewable energy business affiliated with Chicago-based Invenergy LLC. No financial terms were released for the deal, which will see CDPQ obtain a 52.4 percent economic ownership in Invenergy Renewables, building on an initial investment made in 2013. Invenergy will continue to be the company's managing member. Invenergy Renewables has developed wind and solar power generation and advanced energy storage projects of about 14,000 megawatts. It has a presence in the Americas, Europe and Asia.
22 May 2018•3 mins read
