Invenergy Strengthens Its Diversified Clean Energy Platform Through New Equity Transactions With CDPQ and AMP Capital
Summary
CHICAGO, May 22, 2018 /PRNewswire/ -- Invenergy, North Americas largest privately held renewable energy company, today announced significant new equity transactions with institutional investors Caisse de d\xe9p\xf4t et placement du Qu\xe9bec (CDPQ) and AMP Capital. "Both CDPQ and AMP Capital share a longer-term perspective and bring financial strength to our business, positioning Invenergy for years of continued growth. Over the years, we have seen the companys impressive know-how, particularly in developing and operating projects, and its capacity to continuously innovate," said Rana Ghorayeb, Senior Vice-President, Investment, Infrastructure at CDPQ. "Invenergy Clean Power LLC enters into an agreement with AMP CapitalAs energy grids in the U.S. and elsewhere transition, emissions reductions and the expansion of renewables are being aided by lower-carbon natural gas generation. "The investment offers an excellent entry point into a highly attractive sector, due to the caliber of Invenergy, the quality and diversification of the portfolio, and the growth prospects of the development platform.