CDPQ, others acquire 25% stake in Sydney Metro for $113m

CDPQ, others acquire 25% stake in Sydney Metro for $113m

Photo: Reuters

Canada’s second-largest pension fund manager Caisse de dépôt et placement du Québec (CDPQ) along with four other investors have acquired 24.9 per cent stake in Australia’s largest public transport infrastructure project Sydney Metro for A$167 million ($113 million).