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Announced

Completed

CDPQ completed the acquisition of Plenary Americas from Plenary.

Synopsis

Caisse de dépôt et placement du Québec completed the acquisition of Plenary Americas, an investor, developer and operator of public infrastructure in North America, from Plenary, which operates as a real estate owner and investor. Financial terms were not disclosed. "Plenary Americas is recognized for its highly skilled project development team and solid operational expertise. It is well-positioned to act on growth opportunities, notably in the United States, where infrastructure needs are rising and long-term investors, such as CDPQ, can play a role in bridging the funding gap. For CDPQ, it is an opportunity to strengthen our presence in social infrastructure and create a powerful platform to develop assets that are at the heart of communities," Emmanuel Jaclot, CDPQ Executive Vice‑President and Head of Infrastructure.

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