Creation of new world leader in the power & energy sector
MONTRÉAL, Aug. 12, 2024 /CNW/ - CDPQ announced an investment of $158 million in WSP Global Inc. (TSX: WSP), a leading global professional services firm to enable its acquisition of POWER Engineers, a major U.S. consulting firm specialized in the power & energy industry.
This strategic acquisition, valued at $2,4 billion, will enable WSP to strengthen its presence in the power & energy industry and, with the addition of around 4,000 professionals specialized in the field, to position itself at the head of global leaders in this segment. The integration of POWER Engineers into the WSP portfolio will complement its three other growing segments: transportation and infrastructure, earth and environment, and buildings.
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