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Caisse de dépôt et placement du Québec invests an additional US$400 million in MEG Energy

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Caisse de dépôt et placement du Québec

On December 28, 2012, MEG Energy Corp. completed a $400 million public offering of common shares and a concurrent $400 million private placement of common shares with Caisse de dépôt et placement du Québec for gross proceeds of $800 million. MEG Energy Corp. is headquartered in Calgary, Canada and engages in sustainable in situ oil sands development in the Athabasca region of Alberta, Canada. Caisse de dépôt et placement du Québec is a private equity firm which also manages funds contributed to the Québec Pension Plan. Based in Montréal, Canada it has additional offices in Québec City and Paris, France. Jean-Pierre Chamberland, Brian Mainwaring and Chelsea Bushfield represented the Caisse de dépôt et placement du Québec in connection with the $400 million concurrent private placement.

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