 CDPQ is now the majority shareholder with a stake of 50.9 NEW DELHI and MONTRÉAL, March 9, 2020 CNW Telbec - Azure Power Global Limited NYSE: AZRE , a leading independent solar power developer in India , announced that Caisse de dépôt et placement du Québec CDPQ, a global institutional investor, acquired an additional 717,701 shares from a shareholder of AZRE. After acquiring the additional shares, CDPQ is the direct owner of 24,259,272 shares of AZRE, which represent 50.9 of the outstanding shares of Azure Power Global Limited. Speaking on this occasion, Mr. Ranjit Gupta , Chief Executive Officer, Azure Power said, This new investment by CDPQ is a recognition of Azure Powers leading solar development platform in India . By having a majority shareholder with a long-term approach and a AAA credit rating, we will have better access ... Full story available on Benzinga.com 