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The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc.

The investment organization will now hold $350 million worth of capital in the Quebec-based firm after purchasing a block of shares owned by Rogers Communications Inc. Cogeco Communications provides internet, video and telephone services in Quebec, Ontario and 13 U.S. states.

“This major share purchase, orchestrated by [the Caisse], is key for the company and its plan to develop the North American market,” said Kim Thomassin, executive vice-president and head of Quebec at the Caisse, in a press release.

Read: Caisse invests in audiovisual technology company, Ontario Teachers’ acquires Australian agriculture operator

In other news, the Alberta Investment Management Corp. is investing in a new green energy fund from Singapore-based Seraya Partners.

The fund, which raised roughly US$800 million, will target investments in infrastructure designed to facilitate the energy transition in Asia through structures like green data centres and offshore wind vessels. The AIMCo first committed to the fund in July 2022.

“This funding commitment is a strong recognition of the growing opportunities for AIMCo’s clients that lie in Asia,” said Jason Munsch, the organization’s managing director of infrastructure and head of external partnerships, in a press release. “It is our strategy to seek to benefit from our partners’ deep regional and sector expertise as we continue to build out capabilities in the region.”

Read: AIMCo opening first Asia office in Singapore, remains leery of China