/R E P E A T -- Cdpq Acquires 50% Of Montréal'S A25 Concession From Transurban/

Feb 07, 2023•over 2 years ago

Acquiring Company

Verene Energia

Acquired Company

A25 Concession

MontrealFinance

Description

CDPQ, a global investment group, today announced it has reached an agreement with Transurban for the acquisition of a 50% interest in the A25 Concession, a 7.2 km toll road and bridge network which serves as a vital component of the Greater Montréal transportation network.

Company Information

Company

Verene Energia

Location

Montreal, Quebec, Canada

About

Verene Energia is a power transmission platform. It focuses on managing and operating power transmission assets to meet the increasing energy needs. With a significant scale in high-voltage lines, it aims to support Brazil's decarbonization objectives. The company is growing strategically in the Brazilian power sector.

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