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CDPQ Takes Minority Stake in Azure Power Global
- Client News
- October 17, 2016
Paul, Weiss client Caisse de dépôt et placement du Québec (CDPQ), Canada's second-largest public pension fund, closed its $75 million investment in Azure Power Global Limited, a leader in the Indian solar industry. The investment was made in a concurrent private placement with Azure Power Global's initial public offering. CDPQ now holds a significant minority interest in Azure Power Global.
The Paul, Weiss team included corporate partner Adam Givertz.