News
27 March 2024

CDPQ closes on debt to up stake in DP World JV

In:
Infrastructure
Region:
Middle East & Africa

Caisse de depot et placement du Quebec (CDPQ) has closed on the debt backing its acquisition of an additional 2.4% stake in Jebel Ali Terminals, Jebel Ali Free Zone and the National Industries Park in Dubai.CDPQ initially bought a 21.8% stake in the assets from DP World in 2022 for $5 billion. The...

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