La Caisse supports SNC-Lavalin’s global expansion projects

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Caisse de dépôt et placement du Québec announced today a $1.9-billion investment, in the form of debt and equity, to support SNC-Lavalin’s global expansion projects. Earlier today, the company submitted a firm offer to acquire all the share capital of WS Atkins, a leading British design, engineering and project management consulting firm. As part of the proposed transaction, la Caisse’s investment will be carried out in the form of a loan of $1.5 billion, secured by the value and cash flows of SNC-Lavalin’s interest in the Highway 407 ETR project. La Caisse will also acquire $400 million of equity. false false false The engineering sector in Québec and Montréal stands out in global markets. Québec-based engineering consulting firms are among the best in their industry and this new investment by la Caisse reflects its commitment to continue to support their growth. The news release on the firm offer submitted today by SNC-Lavalin is available on its website at http://www.snclavalin.com/en/. 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 December 31, 2016, it held $270.7 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 or consult our Facebook or LinkedIn pages.