CDPQ Acquires Large Stake in CLP India

Posted on 09/16/2018


Caisse de dépôt et placement du Québec (CDPQ) signed an agreement to purchase a 40% ownership stake in CLP India Private Limited for Rs 2,645 crore (US$ 368 million). The seller is Hong Kong-based CLP Holdings (formerly China Light & Power). CLP Holdings will keep 60% of the interest in CLP India. The conditional sale […]