However,
Innergex: deposit fund did not new: In addition. Therefore. However,
Innergex: deposit fund did not:
The Caisse de Dépôt did not need Quebec’s help to conclude the acquisition of Innergex. Therefore, confirms the institution.
• Read also: $ 3 million bonuses for Innergex managers thanks to the deposit fund
• Read. Moreover. Meanwhile. Therefore, also: The sale of Innergex at the Caisse de Dépôt may move forward
The newspaper Asked the deposit fund last week if the Legault government decision to invest $ 500 million in the Quebec renewable energy company aimed to fill a lack of interest from the private sector.
“On the contrary, the appetite of the private market was great. Meanwhile, The syndication of 20% of our capital in Innergex. For example. announced in February. then concluded last month, aroused lively interest with investors, “said a spokesperson for the institution, Marjaurie innergex: deposit fund did not new Côté-Boileau, in an email.
Photo provided by Innergex
The deposit fund led to the closure of the capital of Innergex as part of a transaction of $ 10 billion. It acquired 80% of the company’s shares. entrusted the remaining 20% to the Ministry of the Economy (Meie), in Desjardins, Fondaction and 14 Swiss institutional investors.
The government maintains that its investment was necessary to protect Innergex. even if the deposit fund and the other Quebec shareholders of the company were already largely in the majority.
“Energy sovereignty”
“This government intervention protects a strategic asset against a foreign control […]. It will contribute to Quebec’s energy sovereignty by locally controlling critical innergex: deposit fund innergex: deposit fund did not new did not infrastructure in renewable. energies. thus reducing our dependence on foreign suppliers exposed innergex: deposit fund did not to prices. This is an important signal from the government on its desire to protect its strategic industries. to secure the energy production capacity necessary for its transport electrification policy, “said a spokesperson for the Meie, Jean-Pierre d’Auteuil.
“Quebec clauses [visant le maintien des activités d’Innergex ici] have been negotiated in the agreements. but these remain confidential, “he added.
The Minister of the Economy. Christine Fréchette. did not go available last week to give more details concerning this transaction. one of the largest carried out by Quebec since the investment of $ 1.3 billion made in 2016 by the Couillard government in the Bombardier C Series.
Innergex: deposit fund did not new
Innergex: deposit fund did not
Innergex: deposit fund did not
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