Caisse de dépôt et placement du Québec (CDPQ) has agreed to boost its stake in the renewables arm of Chicago-based Invenergy to 52.4%, with the Canadian pension fund once again flexing its muscles on the global renewables stage.

CDPQ has been investing in Invenergy’s wind projects since 2013, and a minority shareholder in the privately owned company since 2014, when it bought a 24.7%