CDPQ completed the acquisition of an additional 15% stake in Transportadora Associada de Gás from ENGIE Brasil for $639m.

CDPQ, an institutional investor, completed the acquisition of an additional 15% stake in Transportadora Associada de Gás, a gas pipelines operator, from ENGIE Brasil, a renewable energy company, for $639m. "TAG has delivered strong performance since our initial investment about five years ago. Today's announcement is consistent with our infrastructure strategy: in this instance, reinvesting in a portfolio company with well-contracted assets, led by a seasoned management team, and in Brazil, a country where we intend to keep growing our portfolio in the next few years," Emmanuel Jaclot, CDPQ Executive Vice–President and Head of Infrastructure.