The Caisse de dépôt et placement du Québec is partnering with Australia-based agricultural investment manager GO.FARM to invest in permanent horticulture in Australia.

The partnership will begin with a AU$330 million available to invest in the market. As part of the transaction, the Caisse will become a minority shareholder in GO.FARM.

“Australia combines world-class agricultural resources, strong export markets and significant land transformation opportunities,” said Emmanuel Jaclot, executive vice-president and head of infrastructure and sustainability at the Caisse, in a press release. “Through this partnership with GO.FARM, we are backing a proven operator with deep local expertise and a strong commitment to responsible agriculture.”

Read: Caisse buying remaining stake in Montreal toll road, Ontario Teachers’ investing in IT firm

In other news, the Ontario Teachers’ Pension Plan is selling its 40 per cent stake in Finland-based electricity distribution firm Caruna in a transaction that values the firm at about €5 billion.

“We are proud to have been part of Caruna’s growth and........

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