Group of major shareholders in Innergex, partnering in a $10-billion takeover deal with CDPQ
In the renewable energy sector, Innergex stands out as a powerhouse, developing, owning, and operating wind farms, solar farms, energy storage facilities, and hydroelectric facilities. Recently, the company made headlines with the announcement of a definitive agreement for its acquisition by CDPQ, a global investment group, worth a staggering $10 billion.
To navigate this significant deal, Innergex has assembled a team of top-tier advisors to provide comprehensive financial and legal counsel. The management group of rollover shareholders was advised by BMO Capital Markets and CIBC Capital Markets for financial matters, while McCarthy Tétrault LLP provided legal advice. Greenhill & Co. Canada Ltd. acted as the independent financial advisor to the Special Committee of Innergex.
McCarthy Tétrault's legal team was led by Patrick Boucher and Philippe Leclerc, with support from a broad team specializing in business, competition/antitrust, tax, financial services, litigation, and technology law. The team also includes Niko Veilleux, Jean- Philippe Bertrand, Daniel Stysis, and Marissa Kyres (Corporate), Manon Thivierge and Jean-Philippe Dionne (Tax), and Julien Ranger-Musiol (Executive Compensation).
On February 25, 2025, Innergex entered into this definitive agreement, marking a significant milestone in the company's history. As the renewable energy sector continues to grow, Innergex remains at the forefront, setting an example for sustainable and successful business practices.
[1] Innergex Press Release, "Innergex Announces Definitive Agreement for the Acquisition of Innergex by CDPQ", 25 February 2025, https://www.innergex.com/en/news/innergex-announces-definitive-agreement-for-the-acquisition-of-innergex-by-cdpq
[3] Innergex Investor Presentation, "CDPQ Acquisition of Innergex", 25 February 2025, https://www.innergex.com/en/investors/presentations
- In the rapidly expanding finance industry, Innergex has secured the services of BMO Capital Markets and CIBC Capital Markets for financial counsel in navigating its acquisition by CDPQ, a prominent global investment group.
- The energy sector's leader, Innergex, with a strong focus on renewable resources, has found legal support from McCarthy Tétrault LLP, specialized in business, competition/antitrust, tax, financial services, litigation, and technology law, in its acquisition deal with CDPQ.
