Canadian investment fund La Caisse has completed the privatisation of Innergex Renewable Energy, a significant step in Canada’s renewable energy sector. The syndication process has also been finalized, aiming to distribute up to 20% of invested capital to investors aligned with Innergex’s growth goals.

Notable Québec institutions and 14 Swiss institutional investors participated in the initiative, aligning with Innergex’s long-term potential. La Caisse’s executive vice-president expressed the importance of shareholders aligned with the company’s vision for accelerated development of large-scale projects.

La Caisse, as the principal shareholder, will continue to support Innergex’s strategic growth plans globally. Additionally, La Caisse has partnered with Amber Infrastructure to invest in Britain’s Sizewell C nuclear project, with a decision anticipated on July 22, 2025, pending favorable proceedings.

Private investors are expected to contribute 25-30% of capital requirements for Sizewell C, which has seen cost surges since initial estimates. The UK government has pledged £17.8bn towards the project and seeks additional investors for financial support, including Brookfield and Centrica.

French nuclear giant EDF plans to invest £1.1bn in Sizewell C, securing a 12.5% shareholding stake. Amber Infrastructure, Brookfield, La Caisse, EDF, and UK government representatives declined to comment on ongoing proceedings.

Read more at Yahoo Finance: La Caisse acquires Innergex and invests in Sizewell C nuclear project