La Caisse to acquire an Australian renewable energy and battery storage company
London, September 24, 2025, (Oilandgaspress) ––Edify Energy and global investment group La Caisse (formerly CDPQ), announced that binding agreements have been entered into under which La Caisse will acquire Edify and support its next phase of growth.
Once completed, the transaction, together with further equity capital funding, is expected to represent an investment of approximately CAD 1 billion (AUD ≈1.1 billion). This investment will fund the acquisition of Edify and provide equity to finance two ready-to-build integrated solar and battery energy storage system (BESS) hybrid projects totaling 900 MW / 3,600 MWh for offtake partners, Rio Tinto and the Commonwealth of Australia. It will also support the company’s significant pipeline of hybrid and battery storage projects of more than 11 GW.
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