CDPQ to invest US$1 billion in Invenergy Renewables

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Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, today announced a US$1 billion commitment to Invenergy Renewables LLC (Invenergy), the largest private developer, owner and operator of wind and solar projects in North America, to further support the company in its expanded development activities and continued growth. This commitment, in the form of new investment facilities, represents another important step in CDPQ’s long-term partnership with Invenergy, which began nearly eight years ago with a stake in a portfolio of operating wind farms developed by the industry leader. In the year that followed, CDPQ acquired a direct stake in Invenergy, thus increasing its exposure to the development of renewable energy projects with a world-renowned partner. Over the years, CDPQ has gradually expanded its investments in the ​​​​​​​company. Invenergy Renewables is an international leader in the development of wind, solar and energy storage projects. Invenergy has extensive expertise in the various segments of the industry’s value chain, including in the development, construction, operations and maintenance of renewable energy projects. false false false 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 June 30, 2020, it held CA$333.0 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. ABOUT INVENERGY RENEWABLES We are innovators building a sustainable world. Invenergy Renewables and its affiliated companies develop, own, and operate large-scale sustainable energy generation and storage facilities in the Americas, Europe and Asia. Invenergy’s home office is located in Chicago, and it has regional development offices in the United States, Canada, Mexico, Colombia, Japan, Poland and Scotland. Invenergy has successfully developed approximately 25,000 megawatts of projects that are in operation, construction or contracted, including wind, solar and advanced energy storage projects. For more information, please visit www.invenergy.com.