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HomeBlogInvenergy Receives $3 Billion Investment for Renewable Energy Activities from Blackstone

Invenergy Receives $3 Billion Investment for Renewable Energy Activities from Blackstone

Invenergys Sandringham solar project Funds handled by Blackstone Inc.s Blackstone Infrastructure Partners have actually gotten in into a conclusive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC. CDPQ and Invenergy management remain bulk owners of the company and Invenergy will continue as managing member. “The Invenergy group is pleased to welcome Blackstone, a leader in the eco-friendly financial investment space, as our partner,” mentions Jim Murphy, president and corporate organization leader at Invenergy.

Invenergys Sandringham solar job Funds handled by Blackstone Inc.s Blackstone Infrastructure Partners have entered into a definitive agreement with Caisse de dépôt et positioning du Québec (CDPQ) and Invenergy for a roughly $3 billion equity investment in Invenergy Renewables Holdings LLC. CDPQ and Invenergy management stay majority owners of the company and Invenergy will continue as managing member. “The Invenergy group is happy to invite Blackstone, a leader in the sustainable financial investment space, as our partner,” specifies Jim Murphy, president and corporate organization leader at Invenergy.

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