CPPIB to acquire 49% stake in 1.8 GW renewable projects for US$1.4 billion
- 50 MW Silver State North solar project in Nevada
- 497 MW Hohe See offshore wind park in the German North Sea
- 250 MW Cedar Point wind farm in Colorado
Related M&A Transactions
Canada Pension Plan Investment Board (CPPIB) has signed agreements with Enbridge Inc. to acquire 49% of Enbridge’s interests in select North American onshore renewable power assets, as well as 49% of Enbridge’s interests in two German offshore wind projects for approximately CAD1.75 billion (US$1.36 billion).
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