The Caisse de dépôt et placement du Québec and Beaudier Inc. are among a group providing $500 million in private capital refinancing to Quebec-based McInnis Cement. Alongside a $200-million loan from the Caisse and Beaudier, a syndicate of 11 Canadian and international banks will be providing $300 million. The pension fund’s last investment in McInnis was $125 […]
Indian-based infrastructure conglomerate IndInfravit Trust, whose owners include the Canada Pension Plan Investment Board and the infrastructure investment arm of the Ontario Municipal Employees’ Retirement Plan, is buying nine operational road projects from Sadbhav Infrastructure Project Ltd. The portfolio of roads, which was valued at more that $66 million rupees, or about $1.2 billion, includes seven toll roads […]
The Caisse de dépôt et placement du Québec is leading a $40-million round of financing for Canadian virtual health-care platform Dialogue. Venture capital firm Holtzbrinck Ventures is also a leader in the financing, accompanied by First Ascent Ventures, Portag3 Ventures, White Star Capital, Walter Capital and National Bank of Canada. “This transaction aligns well with our Quebec investment strategy,” […]
The Caisse de dépôt et placement du Québec is partnering with private equity firm Australis Partners and the International Finance Corp., a part of the World Bank Group, to acquire 50 per cent stakes in Colombia-based Alianza Fiduciaria and Alianza Valores. Both firms are owned by Advent International, a British private equity firm. Alianza Fiduciaria is a […]
The Alberta Investment Management Corp. is buying an 85 per cent equity stake in the Northern Courier pipeline from TC Energy, formerly known as TransCanada Corp. After the transaction closes, which is expected to be in the third quarter of 2019, TC Energy will hold an aggregate 15 per cent share in the pipeline and […]
La Caisse de dépôt et placement du Québec is contributing $75 million in the form of a subordinated private debt to Medavie Inc. Medavie operates Medavie Blue Cross, an insurance carrier that provides health, dental, travel, life and disability benefits, as well as administers various government-sponsored health programs. “Because of its resilience to economic cycles and the stable returns […]
The Caisse de dépôt et placement du Québec, through its investment platform with port and terminal operator DP World, is taking on a 45 per cent interest in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. The terminals, which serve Chile’s main consumption and industrial centres, join a portfolio of ports […]
The Caisse de dépôt et placement du Québec and U.K.-based Lightsource BP are investing $260 million to finance a portfolio of solar assets owned and managed by Lightsource. The debt investment will be used to finance a portfolio composed of more than 100 solar projects across various countries, totalling more than 700 megawatts, with the potential to expand over […]
Ivanhoé Cambridge, the Caisse de dépôt et placement du Québec’s real estate subsidiary, is expanding its logistics investments in the U.K. through the acquisition of four development projects through its partnership with British logistics and industrial property business PLP. The four sites, which have a combined land area of more than 130 acres, are located in […]
As the British Columbia Investment Management Corp. released its 2018 annual responsible investing report, it also announced it made the list of the top 25 most responsible asset allocators. The 25 most responsible asset owner list was released by the New America’s Responsible Asset Allocator Initiative, which was announced at the World Bank’s annual spring […]