Quebec pension giant bets big on Brazil’s power grid
Two of Latin America's largest energy infrastructure investors are consolidating their Brazilian transmission assets into a single platform, betting on the country's grid modernization push. La Caisse de dépôt et placement du Québec and Colombia-based Grupo Energía Bogotá (GEB) have signed a final agreement to merge their respective Brazilian power transmission holdings into a jointly controlled, 50/50 venture under the name Verene Energia S.A. The combined entity will hold 26 electric transmission concession agreements, more than 9,000 km of transmission lines, and over...
