Blackstone to invest c.$3bn in CDPQ-backed Invenergy Renewables.

Blackstone agreed to invest c.$3bn in CDPQ- and Invenergy-backed Invenergy Renewables, a private renewable energy company. Blackstone’s investment will provide capital to accelerate Invenergy’s renewables development activities. “Blackstone is committed to investing behind the energy transition and Invenergy is the clear independent leader in the renewable energy sector. We look forward to a long-term partnership with the Invenergy and CDPQ teams and are excited to invest alongside them to support the accelerated build-out of Invenergy’s clean energy portfolio,” Sean Klimczak, Blackstone Global Head of Infrastructure.