Creation of New World Leader in the Power Energy Sector

Groundbreaking Partnership Reshapes Industry Landscape

Unveiling a Dynamic New Force in Energy

In an unprecedented move, industry giants have joined forces to create a new world leader in the power energy sector. This transformative partnership brings together complementary strengths, unlocking unprecedented opportunities for innovation, efficiency, and sustainability.

CDPQ's strategic investment of 159M in WSP Global will propel the acquisition, fueling the growth of the newly combined entity. This investment underscores the confidence in the partnership's vision and its potential to revolutionize the energy landscape.

The partnership's commitment to shaping the future of energy is further evidenced by the proposed acquisition of POWER, a deal valued at approximately US$1.78 billion. This acquisition will significantly enhance the new entity's capabilities and reach, enabling it to deliver cutting-edge solutions to a global clientele.

Furthermore, the announcement of a 500 million Bought Deal Public Offering and Concurrent Private Placement underscores the strength of the partnership. This capital infusion will provide the necessary resources to pursue ambitious growth plans and drive innovation in the sector.