CDPQ to acquire a 30% stake in AES Ohio from AES for $546m.

Caisse de dépôt et placement du Québec, an institutional investor, agreed to acquire a 30% stake in AES Ohio, an electric utilities provider, from AES, a power and utility company, for $546m. “We have a successful track record of incorporating strategic partners into our businesses in support of our growth initiatives. CDPQ has been a long-term partner to AES and this transaction marks another strong step forward for AES Ohio, enabling the increased capital investments needed to support our customers’ growing needs,” Andrés Gluski, AES President and CEO.