CDPQ acquires Plenary Americas
Sector: Commercial • Location: Canada
Source: Caisse de dépôt et placement du Québec
Caisse de dépôt et placement du Québec (“CDPQ”) and Plenary Group (Canada) Ltd. (“Plenary Americas”) today announced CDPQ’s acquisition of Plenary Americas, a leading investor, developer and operator of public infrastructure in North America. With this investment, CDPQ acquires Plenary Americas’ operating business, as well as a controlling stake in its existing public-private partnership (PPP) por
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Description
Description | Caisse de dépôt et placement du Québec (“CDPQ”) and Plenary Group (Canada) Ltd. (“Plenary Americas”) today announced CDPQ’s acquisition of Plenary Americas, a leading investor, developer and operator of public infrastructure in North America. With this investment, CDPQ acquires Plenary Americas’ operating business, as well as a controlling stake in its existing public-private partnership (PPP) portfolio. With 36 projects, Plenary Americas’ leading collection of social and civil infrastructure assets is unique in both its geographic and sectoral diversification. false false false In addition to this investment, CDPQ maintains its close relationship and 20% ownership interest in Plenary Asia Pacific. Plenary Americas and Plenary Asia Pacific will continue to work together closely, sharing knowledge and resources, and potentially exploring new markets. false false false ABOUT PLENARY AMERICAS Plenary Americas is a long-term investor, sponsor and operator of public infrastructure. It has become North America's leading specialized developer of long-term partnership projects, with a project portfolio of nearly CAD$20 billion across both Canada and the United States, including 36 projects in the health, transportation, defence, justice, education and government accommodation sectors. For more information, visit plenarygroup.com, follow on Instagram @PlenaryAmericas or consult Plenary’s LinkedIn page. ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December 31, 2019, it held CA$340.1 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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