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La Caisse increases its ownership interest in SPIE

Sector: Commercial • Location: Canada

Source: Caisse de dépôt et placement du Québec

Project
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Caisse de dépôt et placement du Québec (“CDPQ”) announced a further investment of approximately EUR 30 million in SPIE, a European leader in multi-technical services in energy and communications, through the acquisition of 1,809,400 shares. At the same time, Clayax Acquisition Luxembourg 5 S.C.A (“Clayax”) will distribute to CDPQ its pro rata shares in SPIE (12,459,631) in a transaction scheduled

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The project “La Caisse increases its ownership interest in SPIE” is an infrastructure initiative in the Commercial sector, located in Canada. Taiyo aggregates data on it from Caisse de dépôt et placement du Québec.

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Description

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Caisse de dépôt et placement du Québec (“CDPQ”) announced a further investment of approximately EUR 30 million in SPIE, a European leader in multi-technical services in energy and communications, through the acquisition of 1,809,400 shares. At the same time, Clayax Acquisition Luxembourg 5 S.C.A (“Clayax”) will distribute to CDPQ its pro rata shares in SPIE (12,459,631) in a transaction scheduled to take place on March 30, 2016, As a result of these transactions, CDPQ will no longer hold an ownership interest in Clayax and will instead directly hold a total of 20,369,031 shares in SPIE, or 13.2% of the company’s share capital. false false false ABOUT SPIE As the independent European leader in multi-technical services in the areas of energy and communications, SPIE helps its customers design, build, operate and maintain energy-efficient and environmentally-friendly facilities. With more than 38,000 employees working from close to 600 sites in 38 countries, SPIE achieved consolidated revenues of EUR 5.3 billion in 2015 and consolidated EBITA of EUR 351 million. 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, 2015, it held $248.0 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure and real estate. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ ou consultez nos pages Facebook ou LinkedIn. false false false

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