CDPQ reinvests EUR100 million in SPIE

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

La Caisse de dépôt et placement du Québec (CDPQ), a leading global institutional investor, today announced that it reinvested EUR100 million (US$ 113.7 million) in SPIE, the independent European leader in multi-technical services in energy and communications, through the acquisition of 5.84 million additional shares in the past few weeks. 

As the independent European leader in multi-technical services in the areas of energy and communications, SPIE supports its customers in designing, building, operating and maintaining energy-efficient and environmentally-friendly facilities. With more than 46,500 employees and a strong local presence, SPIE achieved in 2017 consolidated revenues of US$6.1 billion (US$6.94 billion) and consolidated EBITA of EUR388 million (US$441.2 million).

Since 2011, CDPQ has invested close to EUR280 million (US$318.37 million) in the company. 

List of the country updates

Country updates

  • January 18, 2019

    75 MW hydro project in Canada receives approval from the commission

    Turning Point Generation has announced that the construction and operation of the Canyon Creek Pumped Hydro Energy Storage Project has been formally approved by the Alberta Legislature, a requirement...

    Read more
  • January 09, 2019

    EDPR to sell 80% stake in 499 MW wind projects in North America

    Energias de Portugal S.A. (EDP) has announced that EDP Renováveis, S.A. (EDPR), 82.6% controlled by EDP, has closed an agreement to sell an 80% equity shareholding in a portfolio...

    Read more
  • December 20, 2018

    Innergex secures financing for 590 MW wind portfolio

    Innergex Renewable Energy has closed a non recourse financing of CAD570.4 million (US$423 million) with regards to four operating wind farms, located in the Gaspé peninsula of Quebec. Innerge...

    Read more
  • December 18, 2018

    AltaGas divests majority stake in B.C. hydro projects for CAD1.4 billion

    AltaGas Ltd. is slashing its dividend by 56 per cent and selling its remaining majority stake in a B.C. hydroelectric power operation for CAD1.39 billion (US$1.2 billion). The company will now pay a...

    Read more
  • December 18, 2018

    Alberta selects 763 MW wind projects in tender

    The province of Alberta in Canada has selected 8 wind projects with total energy capacity of 763 MW in tender under Round 2 and 3 of Renewable Energy Programme (REP) held by Alberta Electric System Op...

    Read more

Share this update