Cement News tagged under: Caisse de dépôt et placement du Québec

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CDPQ to invest additional CAD150m in Ciment McInnis

18 July 2019, Published under Cement News

Caisse de dépôt et placement du Québec (CDPQ) will invest a further CAD150m (US$115m) to Ciment McInnis, despite evaluating a possible divestment in the cement maker over the past year. A consortium of 11 Canadian and international banks has also extended a CAD300m loan to the company and Beaudier Inc has invested a further CAD50m. “The context has changed because the cement plant has a very good performance,” said CDPQ spokesperson Yann Langlais-Plante. "The overall demand for the cement ...