CDPQ, a global investment group, and CLP Group (CLP), one of the largest investor-owned power businesses in Asia, today announced they have reached an agreement for the sale by CLP of a 10% stake in Apraava Energy to CDPQ, bringing their respective stakes in the company to 50%.
Plusgrade, a leading ancillary revenue platform for the global travel industry, today announced that it has completed its previously announced acquisition of Points.com Inc. (TSX: PTS) (NASDAQ: PCOM) (“Points”), the global leader in powering loyalty commerce, creating a new global ancillary revenue powerhouse for the travel industry.
Ivanhoé Cambridge and Hines, the global real estate firms, today announced a new joint venture to develop, own, and operate best-in-class multifamily buildings in São Paulo, Brazil.
Student Transportation of America/Student Transportation of Canada (STA/STC), North America’s third-largest provider of school bus transportation services, is pleased to announce it has completed its acquisition of Pacific Western Transportation (PWT), the largest privately-owned transportation company in Canada.
PLP is pleased to announce the successful close of its second UK develop-to-core logistics venture (UKLV2). The new venture, which has over £750 million of investment capacity, will focus on developing PLP’s deep pipeline of logistics real estate opportunities.
Inovia Capital announces today that it raised US$325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.
The Fonds de solidarité FTQ and CDPQ are making an equity investment in GRYB, a heavy equipment manufacturer in Victoriaville, to enable the company to pursue its expansion plan and acquire RAD Technologies, Dalkotech and Eco-trak.
Ivanhoé Cambridge, the City of Montreal, Cogir Real Estate and Pomerleau today officially announced Haleco, a unique mixed-use development project (residential, commercial and office) and winner of C40’s international Reinventing Cities competition, which will upgrade and transform a site in the area between Old Montreal and Griffintown.
CDPQ today announced a minority stake in the engineering firm Bouthillette Parizeau. The firm will use this first investment by CDPQ to support its pan-Canadian strategic development plan and accelerate growth.