Announced

CDPQ-backed Velto Renewable to acquire the five solar and wind projects from Q energy.

Synopsis

CDPQ-backed Velto Renewable, an independent power producer focused on renewable energy, agreed to acquire the five solar and wind projects from Q energy, a European renewable energy company. Financial terms were not disclosed. “This significant partnership with Velto, backed by a leading global infrastructure investor like CDPQ is a testament to Q ENERGY’s sustainability, innovation, and excellence in renewable energy. It reinforces our position as a trusted leader in the industry, proving that our high-quality solutions continue to attract top-tier partners who share our vision for a cleaner, more sustainable future,” Junu Lee, Q ENERGY CEO.

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