La Caisse backs Pomerleau’s strategic growth plan by becoming a shareholder

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La Caisse de dépôt et placement du Québec is becoming a minority shareholder in Pomerleau with an investment of $50 million that will allow the company to execute its strategic growth plan over the coming years. Pomerleau has nine offices across Canada, and this funding from la Caisse will help it execute its expansion strategy, which targets new growth opportunities. It will also allow Pomerleau to innovate, continue to be equipped with better tools and take advantage of new technologies that draw on Building Information Modeling (BIM), virtual reality, robotics and artificial intelligence. false false false ABOUT POMERLEAU Pomerleau is one of Canada’s leading construction companies and a pioneer in sustainable buildings. It specializes mainly in the building, infrastructure, civil engineering and renewable energy sectors. Founded more than 50 years ago, the company employs up to 4,000 people at its 9 regional offices and more than 150 worksites across the country. Pomerleau projects revenues of $2.1 billion in 2018 and holds a current backlog in excess of $3.5 billion. The company is also a leader in virtual design and construction. Pomerleau owns Beaubois, a company specializing in millwork and architectural woodwork, and co-owns Borea Construction, the leader in the Canadian wind farm industry. For more details about Pomerleau, visit www.pomerleau.ca. 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, 2017, it held $298.5 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.