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La Caisse completed the acquisition of Innergex for C$10 billion

Fasken
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Overview

Client

Caisse de dépôt et placement du Québec

On July 21, 2025, la Caisse (formerly Caisse de dépôt et placement du Québec) has finalized the privatization of Innergex Renewable Energy Inc.

This transaction is a major step forward in the growth of one of Canada’s leading renewable energy platforms.

In keeping with its stated intention, La Caisse has also completed the syndication process aimed at transferring up to 20% of its capital invested in Innergex to partners who share its vision for the company’s future. This process assembled a group of investors that included several leading Québec institutions, such as Investissement Québec, Desjardins Global Asset Management and Fondaction.

International investors, which include 14 Swiss institutional investors, have also joined the syndicate, strengthening the global reach of this Québec-based initiative.

A Fasken team composed of 83 professionals from our Québec and Ontario offices were instrumental in the success of this major transaction. We would especially like to highlight the contributions of Marie-Josée Neveu, Jean-Pierre Chamberland, Guillaume Synnott, Martin Legault, Quentin Lageix, Angela Onesi, Antonio Di Domenico, Chris Margison, Alain Ricard, André Turmel and Pierre-Christian Labeau.

Jurisdictions

  • Québec
  • Ontario

Team

  • Marie-Josée Neveu, Partner | Chair of the Partnership Board, Montréal, QC, +1 514 397 4304, [email protected]
  • Jean-Pierre Chamberland, Partner | Capital Markets, Montréal, QC, +1 514 397 5186, [email protected]
  • Guillaume Synnott, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 4325, [email protected]
  • Geneviève Richard, Partner | Corporate/Commercial, Montréal, QC, +1 514 657 8782, [email protected]
  • Julien Fournier, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 7619, [email protected]
  • Martin Legault, Partner | Tax Law, Montréal, QC, +1 514 397 7505, [email protected]
  • Quentin Lageix, Partner | Tax Law, Montréal, QC, +1 514 397 7654, [email protected]
  • Gabriel Paradis, Associate | Tax Law, Montréal, QC, +1 514 397 7539, [email protected]
  • Youcef Belrachid, Associate | Tax Law, Montréal, QC, +1 514 397 5205, [email protected]
  • Angela C. Onesi, Partner | Co-Leader, Banking and Finance, Montréal, QC, +1 514 397 7681, [email protected]
Marie-Josée Neveu, Partner | Chair of the Partnership Board Marie-Josée Neveu Partner | Chair of the Partnership Board Montréal, QC +1 514 397 4304
Jean-Pierre Chamberland, Partner | Capital Markets Jean-Pierre Chamberland Partner | Capital Markets Montréal, QC +1 514 397 5186
Guillaume Synnott | Corporate/Commercial Lawyer in Montréal Guillaume Synnott Partner | Corporate/Commercial Montréal, QC +1 514 397 4325
Geneviève Richard, Partner | Corporate/Commercial Geneviève Richard Partner | Corporate/Commercial Montréal, QC +1 514 657 8782
Julien Fournier, Partner | Corporate/Commercial Julien Fournier Partner | Corporate/Commercial Montréal, QC +1 514 397 7619
Gabriel Paradis, Associate | Tax Law Gabriel Paradis Associate | Tax Law Montréal, QC +1 514 397 7539
Youcef Belrachid, Associate, Fasken Youcef Belrachid Associate | Tax Law Montréal, QC +1 514 397 5205
Angela Onesi Montréal Partner/Associée Angela C. Onesi Partner | Co-Leader, Banking and Finance Montréal, QC +1 514 397 7681
Élaine Laberge-Poirier | Banking & Finance Lawyer in Montréal Élaine Laberge-Poirier Partner | Banking & Finance Montréal, QC +1 514 397 7472
Antonio Di Domenico Toronto Lawyer Antonio Di Domenico Partner | Co-leader, Competition, Marketing & Foreign Investment Toronto, ON +1 416 868 3410
Chris Margison, Counsel | Competition, Marketing & Foreign Investment Chris Margison Counsel | Competition, Marketing & Foreign Investment Toronto, ON +1 416 943 8975
Henry Gray Ottawa Articling Student Henry Gray Associate | Competition, Marketing & Foreign Investment Toronto, ON +1 416 865 4476
Alain Ricard, Partner | LEADER, INFRASTRUCTURES AND TRANSPORTATION, QUÉBEC REGION Alain Ricard Partner | LEADER, INFRASTRUCTURES AND TRANSPORTATION, QUÉBEC REGION Montréal, QC Québec, QC +1 514 397 5220
+1 418 640 2066
Pierre-Christian Labeau, Counsel | Environmental, Indigenous Legal Matters Pierre-Christian Labeau Counsel | Environmental, Indigenous Legal Matters Québec, QC +1 418 640 2094