CDPQ reinvests EUR100 million in SPIE
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.
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