Quebec Fund Puts Up $500M For Stake In Wind Farms

Law360, New York (February 6, 2013, 4:01 PM EST) -- The manager of a Quebec pension fund has agreed to funnel about $500 million into Invenergy Wind LLC, taking stakes in 13 U.S. and Canadian wind farms and amping up the fund's presence in renewable energy, the companies announced Wednesday.

Per the deal, Caisse de depot et placement du Quebec will nab a minority interest in a wind farm portfolio of about 1,500 megawatts, including the 138.6 megawatt Le Plateau project that is located in the fund manager's home province of Quebec, according to a statement....
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