The Caisse de dépôt et placement du Québec is lending $150 million to SSQ Life Insurance Co. Inc. SSQ Insurance, a large insurance and investment company based in Quebec, is aiming to use the loan to carry out its strategic plan, which focuses on innovation, digital transformation and Canada-wide development. Read: Caisse invests in Quebec insurance company, takes stake […]
The Caisse de dépôt et placement du Québec, along with the Republic of Colombia and infrastructure financier Financiera de Desarrollo Nacional, is launching an infrastructure co-investment platform. “We are very pleased to invest in Colombia with the private capital fund created by the FDN and pension fund administrators,” said Michael Sabia, president and chief executive officer of the […]
The Caisse de dépôt et placement du Québec and Brookfield Business Partners is acquiring 100 per cent of Johnson Controls’ power solutions business for about $17.5 billion. The business produces batteries for global automakers and aftermarket distributors and retailers for use in nearly all types of vehicles, including hybrid and electrical models. “This transaction enables us […]
The Caisse de dépôt et placement du Quebec’s real estate investment arm, together with Prologis Inc., is launching a joint real estate venture in Brazil. The Prologis Brazil logistics venture will aim to develop and operate Brazilian logistics spaces in São Paulo and Rio de Janeiro, acquiring an initial portfolio of 641,030 square metres of operating properties along with more […]
The Caisse de dépôt et placement du Quebec is entering into an agreement with Osisko Mining Inc. to acquire 9,259,260 common shares at $2.70 per share. “We are very pleased to welcome la Caisse de dépôt et placement du Quebec as a significant shareholder in Osisko Mining,” said John Burzynski, president and chief executive officer of Osisko, in a press […]
La Caisse de dépôt et placement du Québec is launching an initiative to support the growth of companies owned by women. The program, Cheffes de file, will invite selected women entrepreneurs in Quebec who are leading promising companies, specifically decision-makers and shareholders of companies with sales ranging from $5 to $20 million. Functioning as a […]
Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has acquired an office building in Nanterre, France. The building, called HUB 247, is currently under construction with an expected completion date in early 2020. The project is located in Nanterre’s Cœur Université district and is being developed by Bouygues […]
The Caisse de dépôt et placement du Québec is increasing its investment in an Indian solar power company to 40 per cent. The Caisse is contributing US$100 million to Azure Power Global Ltd.’s latest round of capital raising, bringing its total investment to US$240 million. “Through this investment, we are reaffirming our commitment to Azure Power and […]
The Caisse de dépôt et placement du Québec’s real estate investment arm, Ivanhoé Cambridge, along with CapRock Partners, is announcing the start of construction for a Californian development in which it has invested US$450 million. The first phase logistics complex, Colony Commerce Center in Ontario, Calif., will be made up of two industrial buildings and will feature truck courts, loading docks […]
The Caisse de dépôt et placement du Québec is teaming up with Generation Investment Management to acquire General Atlantic’s and H.I.G. Capital’s investment in FNZ, a global fintech firm. With the investment, the firm is valued at approximately £1.65 billion. The firm itself holds £330 billion in assets under administration, servicing the needs of its partners, such […]