Infrastructure

La Caisse posts 5.1% mid-year return and highlights infrastructure activity

La Caisse reported a 5.1% six-month return on depositors' funds and C$552 billion in net assets at June 30, 2026. Its infrastructure portfolio returned 7.2%, while private equity returned negative 4.3%. The update also cited a joint Boralex acquisition and C$240 million in senior financing for the MTL8 data centre in Montréal.

La Caisse reported a 5.1% average return on depositors’ funds over the six months ended June 30, 2026, with net assets of C$552 billion. Equity markets returned 14.6%, infrastructure 7.2%, fixed income 1.7% and private equity -4.3%. The pension investment manager said it had announced a joint acquisition of Boralex that would double its stake to 30% and valued the company at approximately C$9 billion enterprise value. It also provided C$240 million in senior financing for the MTL8 data centre in Montréal.