CDPQ, CKD Infra Mex snare renewables portfolio

CDPQ, CKD Infra Mex snare renewables portfolio

Project & Infrastructure Finance Mexico M&A

Caisse de depot et placement du Quebec (CDPQ) and CKD Infraestructura Mexico have agreed to buy a controlling stake in eight renewable energy facilities from Enel Green Power for $1.35bn. The pair will acquire an 80% stake across a portfolio of wind and solar power plants, which come with a combined 1,712 MW capacity, a statement from the Canadian pension fund showed.Italian power company Enel will remain the operator and hold onto 20% of the portfolio.CKD Infraestuctura is a co-investment

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