🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Canada pension investor CDPQ to invest $1 billion in Invenergy

Published 2020-12-18, 11:48 a/m
© Reuters. The Caisse de depot et placement du Quebec building is seen in Montreal

(Reuters) - Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) said on Friday it would invest $1 billion in Invenergy Renewables LLC, the largest private developer, owner and operator of wind and solar projects in North America.

CDPQ is seeking to decarbonize its investment portfolios and achieve net-zero emissions by 2050, and renewables are a particular focus as a part of the battle against climate change.

© Reuters. The Caisse de depot et placement du Quebec building is seen in Montreal

The $1-billion investment by CDPQ is the largest since it began its partnership with company in 2013 said Executive Vice-President and Head of Infrastructure Emmanuel Jaclot at CDPQ.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.