Infrastructure
La Caisse is a world leader in infrastructure investments, with more than 25 years of experience. Our team makes direct investments in companies involved in various types of infrastructure in the developed markets as well as in targeted growth markets. These assets include ports, airports, highways, wind farms, public transit systems, and energy transportation and distribution networks.
Through our subsidiary CDPQ Infra, we also act as a developer in certain infrastructure projects by providing integrated management of the planning, financing, construction and operating phases.
Infrastructure portfolio
$74.5 B
Net assets as at December 31, 2025
14%
Of La Caisse’s total portfolio
19
Number of countries in which we have infrastructure investments
2nd
Largest institutional investor in infrastructure in the world, according to Infrastructure Investor’s GI 75 rankings
Our exposure
Infrastructure
By geography
Infrastructure
By sector
Our objective
We focus on tangible assets that can generate stable and predictable investment income over the long term while protecting our capital from inflation. With our subsidiary CDPQ Infra, we seek to create more value by developing and operating infrastructure projects.
Our investment approach
- Invest in promising assets and markets in a prudent and rigorous manner
- Focus on assets for which we fully understand the value and risks across the long-term horizon
- Use investment platforms to establish strategic partnerships to undertake transactions
- Add value to our investments by working with partners and management teams to identify and implement performance-enhancing initiatives
Leadership
Emmanuel Jaclot
Executive Vice-President and Head of Infrastructure and Sustainability
Eduardo Farhat
Managing Director, Infrastructure, Latin America, and Managing Director, Latin America
Vivian Nicoli
Managing Director, Infrastructure, Europe and Managing Director, Paris
Olivier Renault
Managing Director, Infrastructure, North America
Guillaume Aubert
Managing Director, Asset Management and Valuation, Infrastructure
Rana Karadsheh-Haddad
Managing Director, Infrastructure, Asia Pacific
Selected investments
Sustainable mobility leaders committed to the green transition
Learn about the vision and actions of the sustainable mobility leaders we’re supporting in the transition to a greener world.
Our infrastructure subsidiary
CDPQ Infra employs an innovative model to efficiently and rigorously execute major public infrastructure projects. Its multidisciplinary teams cover all aspects of projects and apply an integrated approach to the planning, financing and construction phases to ensure their success.
CDPQ Infra’s objective is to generate returns for La Caisse’s depositors, while delivering promising projects that support economic and community development.
Réseau express métropolitain
The REM is an integrated public transportation network currently being deployed in Greater Montréal. Already connecting downtown, the South Shore, the North Shore and the West Island, the REM will soon provide a link to Montréal-Trudeau International Airport.
Other structuring projects
for Québec
TramCité
A future 19
Alto
A high-speed rail network spanning almost 1,000