MONTRÉAL and LONDON, Sept. 24, 2024 /CNW/ - CDPQ, a global investment group, today announced it has entered into an agreement with Brookfield Asset Management (NYSE: BAM) (TSX: BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) (TSX: BEP.UN) (TSX: BEPC) (together "Brookfield"), to acquire its 25% stake in First Hydro Company, a critical electricity generation and storage facility in the United Kingdom. Engie is the majority shareholder who owns the remaining 75% of the company.
Read more at newswire.caCDPQ acquires 25% of UK's First Hydro Company from Brookfield
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