MONTREAL, April 23, 2014 /CNW Telbec/ - La Caisse de dépôt et placement
du Québec today announced a CDN$42 million investment in the Parc des
Moulins wind energy project operated by Invenergy Wind LLC (Invenergy).
After this transaction, Invenergy will continue to be the majority
Parc des Moulins is a 135.7 MW wind farm that has been in commercial
operation since December 2013. It covers three Québec municipalities:
Thetford Mines, Kinnear's Mills and Saint-Jean-de-Brébeuf.
"In line with our strategy, we continue to invest capital in quality
infrastructure to generate attractive long-term returns for our
clients," said Macky Tall, Senior Vice-President, Infrastructure, at La
Caisse. "Alongside Invenergy, which operates and manages projects to
the highest industry standards, we have already invested in several
wind farms in Québec, Canada and the United States."
"We are pleased to complete this additional investment from La Caisse
for our newest wind energy project in Québec," said Jim Murphy,
Invenergy's Executive Vice President and Chief Financial Officer. "We
are committed to the development of wind power in Québec, and the
participation of La Caisse enhances our growing position in the
In early 2013, La Caisse announced the acquisition of a stake in the
Invenergy wind farm portfolio, comprised of 11 wind projects in the
United States and two in Canada, including Le Plateau in the Gaspésie
Invenergy and its affiliated companies develop, own and operate
large-scale renewable and other clean energy generation facilities in
North America and Europe. North America's largest independent wind
power generation company, Invenergy is committed to clean power
alternatives and continued innovation in electricity generation. The
company's home office is in Chicago and it has regional development
offices throughout the United States and in Canada and Europe.
Invenergy has more than 8,000 MW of clean energy projects that are in
operation, in construction or under contract, including 65 wind, solar,
and thermal power facilities. For more information, please visit www.invenergyllc.com.
About La Caisse de dépôt et placement du Québec
La Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and
insurance plans. As at December 31, 2013, it held $200.1 billion in net
assets. As one of Canada's leading institutional fund managers, La
Caisse invests in major financial markets, private equity,
infrastructure and real estate, globally. For more information: www.lacaisse.com.
Image with caption: "La Caisse invests $42 million in Invenergy's Parc des Moulins wind power project in Québec (CNW Group/Caisse de dépôt et placement du Québec)". Image available at: http://photos.newswire.ca/images/download/20140423_C4759_PHOTO_EN_39537.jpg
SOURCE: Caisse de dépôt et placement du Québec
For further information:
Caisse de dépôt et placement du Québec