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Announced

CDPQ to acquire power transmission assets of Terna Group for $279m.

Synopsis

Caisse de depot et placement du Quebec, a private equity firm, agreed to acquire power transmission assets in Brazil, Peru and Uruguay of Terna Group, a transmission system operator, for $279m. "Terna will now refocus its international footprint in low-risk markets with attractive growth potential, as we announced in our updated 2021-2025 Industrial Plan," Giacomo Donnini, Terna Head of International Operations.

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