Connor, Clark & Lunn Financial Group, an asset management company in Toronto, announced yesterday its formation of Connor, Clark & Lunn Infrastructure Ltd.(CC&L Infrastructure), a business that will invest in middle market infrastructure assets and companies in North America.

CC&L Infrastructure will focus on traditional projects(roads and bridges)and energy projects(power generation facilities). These projects will range from $25 million to $750 million. Its first investment is the $500-million Harrison Hydro, a substation that will be built on Harrison Lake, about 95 kilometres east of Vancouver. Construction is expected to begin by the end of 2010.

CC&L Infrastructure has also created an advisory committee(members have years of experience in the infrastructure and energy industries)to provide guidance for the business.

To comment on this story email brooke.smith@rci.rogers.com.

Copyright © 2019 Transcontinental Media G.P. Originally published on benefitscanada.com

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