Canadian pension fund eyes infra investment opportunity in India

26 Apr 2022 CW Team

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) is eyeing infrastructure investment opportunities in India and intends to fund the net-zero transition journey of Indian firms.

CDPQ has to date, invested Canadian $8 billion in India across infrastructure, real estate, public markets, fixed income, and private equity sectors.

Senior adviser of CDPQ Global, Kenneth Juster, said that there is great potential for investments in India. The government has been prioritising infrastructure development and aims to increase the ease of doing business in India.

Managing Director of CDPQ India, infrastructure, South Asia and the Middle East, Saurabh Agarwal, said that the pension fund wants to focus on building partnerships and platforms to invest and reinvest large sums of capital over the long-term instead of investing in single assets. It also means that environmental, social and corporate governance (ESG) and sustainability are fundamental pillars of its investment strategy.

Through the platforms, CDPQ is investing from greenfield to brownfield projects in infrastructure and from stress to performing credit in fixed income.

The pension fund has also set up a platform for investments in roads known as Maple Highways, which is in the process of acquiring three operating assets, one under the National Highways Authority of India’s (NHAIs) Toll-Operate-Transfer (TOT) model.

Agarwal said that the company is also exploring investment partnerships in sectors like fibre, towers, and data centres.

Juster said that CDhttps://www.constructionworld.in/latest-construction-news/real-estate-news/canada-pension-plan-investments-to-fund-rmz---s-office-space-development/26580PQ is also exploring the energy transition space in India. There is a significant opportunity in funding the transition phase for companies shifting from fossil fuels to renewables.

CDPQ is committed to working with India and providing capital to best-in-class energy companies to transition towards a greener economy. The pension fund has an envelope of capital reserved for funding energy transition businesses and can make investments into several businesses which are currently carbon-heavy but have a clear path towards achieving net-zero emissions.

Image Source

Also read: Canada Pension Plan Investments to fund RMZ's office space development

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) is eyeing infrastructure investment opportunities in India and intends to fund the net-zero transition journey of Indian firms. CDPQ has to date, invested Canadian $8 billion in India across infrastructure, real estate, public markets, fixed income, and private equity sectors. Senior adviser of CDPQ Global, Kenneth Juster, said that there is great potential for investments in India. The government has been prioritising infrastructure development and aims to increase the ease of doing business in India. Managing Director of CDPQ India, infrastructure, South Asia and the Middle East, Saurabh Agarwal, said that the pension fund wants to focus on building partnerships and platforms to invest and reinvest large sums of capital over the long-term instead of investing in single assets. It also means that environmental, social and corporate governance (ESG) and sustainability are fundamental pillars of its investment strategy. Through the platforms, CDPQ is investing from greenfield to brownfield projects in infrastructure and from stress to performing credit in fixed income. The pension fund has also set up a platform for investments in roads known as Maple Highways, which is in the process of acquiring three operating assets, one under the National Highways Authority of India’s (NHAIs) Toll-Operate-Transfer (TOT) model. Agarwal said that the company is also exploring investment partnerships in sectors like fibre, towers, and data centres. Juster said that CDhttps://www.constructionworld.in/latest-construction-news/real-estate-news/canada-pension-plan-investments-to-fund-rmz---s-office-space-development/26580PQ is also exploring the energy transition space in India. There is a significant opportunity in funding the transition phase for companies shifting from fossil fuels to renewables. CDPQ is committed to working with India and providing capital to best-in-class energy companies to transition towards a greener economy. The pension fund has an envelope of capital reserved for funding energy transition businesses and can make investments into several businesses which are currently carbon-heavy but have a clear path towards achieving net-zero emissions. Image Source Also read: Canada Pension Plan Investments to fund RMZ's office space development

Real Estate

08 Oct 2025

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie. Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Equipment

08 Oct 2025

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision. Hussain S..

Infrastructure Energy

08 Oct 2025

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..