CDPQ plans to double infrastructure allocation

13 November 2019 - 12:00 am UTC

CDPQ plans to potentially double its allocation to infrastructure, and more specifically energy and renewable assets, between 10% and 15% from 7.3% over the next four years, a CDPQ spokesperson confirmed.

“The plan is to grow the share of infrastructure in the overall mix of CDPQ. Transport is going to remain at between a third and a half of what we do, and the rest is going to be energy and renewables,” the spokesperson said declining to give a specific breakdown of increases in each subsector. 

The announcement was among significant moves that CDPQ has made in the last 24 hours that included the stepping down of its president and CEO, Michael Sabia. 

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