The Caisse de dépôt et placement du Québec, through its investment platform with port and terminal operator DP World, is taking on a 45 per cent interest in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. The terminals, which serve Chile’s main consumption and industrial centres, join a portfolio of ports […]
The Caisse de dépôt et placement du Québec and U.K.-based Lightsource BP are investing $260 million to finance a portfolio of solar assets owned and managed by Lightsource. The debt investment will be used to finance a portfolio composed of more than 100 solar projects across various countries, totalling more than 700 megawatts, with the potential to expand over […]
Ivanhoé Cambridge, the Caisse de dépôt et placement du Québec’s real estate subsidiary, is expanding its logistics investments in the U.K. through the acquisition of four development projects through its partnership with British logistics and industrial property business PLP. The four sites, which have a combined land area of more than 130 acres, are located in […]
As the British Columbia Investment Management Corp. released its 2018 annual responsible investing report, it also announced it made the list of the top 25 most responsible asset allocators. The 25 most responsible asset owner list was released by the New America’s Responsible Asset Allocator Initiative, which was announced at the World Bank’s annual spring […]
The Caisse de dépôt et placement du Québec is teaming up with New York-based non-profit Clean, Renewable and Environmental Opportunities Family Office Syndicate to allocate more towards climate-related investments. The partnership is consistent with the Caisse’s commitment to leverage knowledge of best practices and market intelligence with other investors seeking new opportunities around climate change, according to […]
The Caisse de dépôt et placement du Québec and French utility company Engie are buying a combined 90 per cent stake in Brazilian oil and gas transportation network company Transportadora Associada de Gás S.A. for US$8.6 billion. The new arrangement, which gives Engie a 58.5 per cent stake in TAG and the Caisse the remaining 31.5 per cent, was the result […]
After exceeding its target for low-carbon assets in 2018, the Caisse de dépôt et placement du Québec is now aiming to boost its low-carbon holdings to $32 billion by 2020, according to its second annual stewardship investing report. In 2017, the pension fund started with $18 billion in low-carbon assets in its portfolio and raised that to […]
The Caisse de dépôt et placement du Québec is acquiring a 30 per cent stake in a subsidiary of U.S. communications infrastructure firm Vertical Bridge Holdings. Established in 2014, Vertical Bridge currently has more than 266,000 sites, including 16,000 towers it owns or master leases. The firm intends to use the investment to prepare for 5G deployment by […]
OMERS Ventures, the venture capital investment arm of the Ontario Municipal Employees Retirement System, is expanding into Europe with the launch of a 300 million euro fund. Focusing on innovative technology startups, the fund’s aim is to support a multi-year global strategy for OMERS, following a major uptick in startup activity in Europe, according to a release. […]
The Caisse de dépôt et placement du Québec has created a fund worth $250 million dedicated to artificial intelligence and Quebec businesses with a proven track record in AI. The fund’s aim is to increase growth in businesses offering products based on AI and to accelerate the commercialization of these solutions. “Since Montreal is emerging as a […]