CDPQ acquires Innergex Renewable Energy Inc. for $10.0 billion enterprise value

Type: Acquisition · Technology: Other · Country: Canada · Value: CAD 10B · Announced: 2025-02-24

Caisse de dépôt et placement du Québec (CDPQ) will acquire all issued and outstanding common and certain preferred shares of Innergex Renewable Energy Inc. for C$13.75 per common share (C$25.00 per preferred share) in a transaction valuing Innergex at C$10.0 billion enterprise value, announced February 24, 2025.

Counterparties

• Caisse de dépôt et placement du Québec (Buyer)
• Hydro-Québec (HQI Holding Canada Inc.) (Partner)
• Innergex Renewable Energy Inc (Seller)

Source article

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