Global investment group La Caisse has signed a binding agreement to acquire Australian renewable energy company Edify Energy. This deal will also back Edify’s pipeline of more than 11GW of hybrid and battery storage projects. Edify Energy founder and executive chair John Cole said: “The agreement with La Caisse is a pivotal moment for Edify, providing balance sheet strength to seriously ramp up Edify’s speed of execution of firm dispatchable green generators. La Caisse infrastructure and sustainability executive vice-president and head Emmanuel Jaclot said: “Our acquisition of Edify highlights the track record and expertise of its team and a commitment to Australia’s clean energy future. “With our long-term capital and sustainability expertise, Edify will accelerate the delivery of large-scale renewable and storage projects that strengthen the grid and advance decarbonisation.