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Transactions - MARCH 12, 2020

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CDPQ buys Plenary Americas, P3 portfolio

by Released

Caisse de dépôt et placement du Québec (CDPQ) has acquired Plenary Americas, an investor, developer and operator of public infrastructure in North America.

With this investment, CDPQ acquires Plenary Americas’ operating business, as well as a controlling stake in its existing public-private partnership (P3) portfolio. With 36 projects, Plenary Americas’ leading collection of social and civil infrastructure assets is unique in both its geographic and sectoral diversification.

“Plenary Americas is recognized for its highly skilled project development team and solid operational expertise,” said Emmanuel Jaclot, executive vice president and head of infrastructure at CDPQ. “It is well positioned to act on growth opportunities, notably in the United States, where infrastructure needs are rising and long-term investors, such as CDPQ, can play a role in bridging the funding gap. For CDPQ, it is an opportunity to strengthen our presence in social infrastructure and

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