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$1.8B investment in Mexican power T&D sector announced

7/29/2016

 Canada, Quebec: Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ), in association with Mexican consortium CKD, plans to invest $1.83 billion in energy infrastructure projects in Mexico.

According to Mexico's energy minister, the investment plans include power stations and transmission and distribution sector, reports BN Americas.

Hydro-Quebec, the world's fourth-largest hydroelectricity company, is also in talks with Mexico's state power utility CFE to create a strategic alliance for the construction of hydroelectric plants.

Source: BN Americas