DP World and CPDQ boost investment platform to US$8.2bn
DP World and global institutional investor Caisse de dépôt et placement du Québec (CDPQ) have announced the expansion of their ports and terminals investment through a new commitment of US$4.5bn that will increase the total size of the platform to US$8.2bn.
The Dubai-based company holds a 55% share while CPRQ owns the remainder of the platform, which has invested in 10 port terminals across North America, Latin America and Asia Pacific and across various stages of the asset life cycle.
The enhanced platform will continue to target assets globally, but with an increased scope to broaden its footprint in existing geographies, as well as new regions such as Europe and Asia Pacific.
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