Caisse Boosts Stake In Belgian Gas Company

Caisse de depot et placement du Quebechas raised its interest in Belgian natural gas infrastructure companyFluxys G,CanadianBusiness.com reports. The pension fund paid $290 million to hike its stake from10 percent to 20 percent.

The money will support Fluxys’ investment program, including the acquisition of several assets in Italy, Switzerland and Germany. Caisse held $151.7 billion in net assets at the end of 2010.

Click here for the story fromCanadianBusiness.com.