OMERS INFRASTRUCTURE


Associated tags: OMERS, Financial services

Michael Hill appointed to lead OMERS Infrastructure

Retrieved on: 
Wednesday, August 2, 2023

TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- OMERS today announced that Michael Hill has been appointed Executive Vice President & Global Head of Infrastructure at OMERS.

Key Points: 
  • TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- OMERS today announced that Michael Hill has been appointed Executive Vice President & Global Head of Infrastructure at OMERS.
  • Michael, who joins OMERS on 5 September and will be based in New York, and report to Chief Investment Officer Ralph Berg.
  • At OMERS he will have accountability and oversight for our global infrastructure investment and asset management programs.
  • OMERS Infrastructure has more than 90 investment professionals around the world and has a portfolio of 30 assets in North America, Europe and Asia-Pacific.

OMERS Infrastructure Announces Strategic Investment in Beanfield Metroconnect

Retrieved on: 
Tuesday, July 18, 2023

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- OMERS Infrastructure has announced that OMERS has agreed to provide a significant capital commitment to Beanfield Technologies Inc. (‘Beanfield’).

Key Points: 
  • TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- OMERS Infrastructure has announced that OMERS has agreed to provide a significant capital commitment to Beanfield Technologies Inc. (‘Beanfield’).
  • DigitalBridge, an initial investor in Beanfield in 2019, will continue to hold the majority stake in the company and this investment marks an inaugural partnership between OMERS and DigitalBridge.
  • Peter Gray and Jenine Krause, both Managing Directors at OMERS Infrastructure, will be joining Beanfield’s Board of Directors.
  • This collaboration underscored our dedication to investing in infrastructure projects that will shape the future of connectivity in Canada.”
    Dan Armstrong, CEO, Beanfield Metroconnect, added: “We welcome OMERS to Beanfield, their investment is a validation of our strategy.

ABP and OMERS to acquire Dutch energy infrastructure solutions business Kenter

Retrieved on: 
Monday, July 3, 2023

Kenter is an energy infrastructure solutions business providing medium-voltage infrastructure – including transformers and switchgear – and meters to over 25,000 commercial and industrial business customers in the Netherlands and Belgium.

Key Points: 
  • Kenter is an energy infrastructure solutions business providing medium-voltage infrastructure – including transformers and switchgear – and meters to over 25,000 commercial and industrial business customers in the Netherlands and Belgium.
  • This investment is done by APG Asset Management on behalf of ABP, the largest pension fund in the Netherlands; OMERS Infrastructure is investing on behalf of OMERS, one of the largest pension plans in Canada.
  • ABP and OMERS investment in Kenter will be the consortium’s second joint investment in the Dutch B2B energy solutions sector, after reaching close on their investment in Groendus in November last year.
  • We look forward to growing a B2B energy solutions platform in the region, delivering energy infrastructure for businesses looking to meet their sustainability goals.”
    Erik van der Ende, CEO of Kenter, said: “I am delighted with the choice of ABP and OMERS Infrastructure.

Navisun Secures up to $235 Million in Financing to Fuel Growth

Retrieved on: 
Monday, March 13, 2023

HINGHAM, Mass., March 13, 2023 /PRNewswire/ -- Navisun LLC, a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects, announced that it has secured up to $235 million in debt financing through two facilities.

Key Points: 
  • The first facility is a $105 million, five-year revolving construction credit facility, which includes a letter of credit facility.
  • In addition, the financing incorporates an up to $50 million accordion feature allowing the company flexibility to upsize as its portfolio grows.
  • The financing was led by MUFG, which acted as administrative agent, issuing bank, and coordinating lead arranger.
  • MUFG also led the financing for the second facility, as well as serving as administrative agent, issuing bank, and coordinating lead arranger.

Global Infrastructure Partners announces agreement to acquire a 25% interest in Scotia Gas Networks from OMERS

Retrieved on: 
Wednesday, December 22, 2021

HORLEY, United Kingdom, Dec. 22, 2021 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent infrastructure investor, is pleased to announce an agreement to acquire a 25% equity interest in Scotia Gas Networks (the "Company" or "SGN") from OMERS Infrastructure ("OMERS").

Key Points: 
  • HORLEY, United Kingdom, Dec. 22, 2021 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent infrastructure investor, is pleased to announce an agreement to acquire a 25% equity interest in Scotia Gas Networks (the "Company" or "SGN") from OMERS Infrastructure ("OMERS").
  • The acquisition will be made through GIP's Separately Managed Account ("SMA") platform, leveraging GIP's significant experience in investing in core infrastructure.
  • SGN is a critical UK infrastructure asset which operates two gas distribution networks in Scotland and the Southeast of England.
  • The Company is the second largest gas distribution network operator ("DNO") in the UK and supplies six million customers across its service territory.

Global Infrastructure Partners announces agreement to acquire a 25% interest in Scotia Gas Networks from OMERS

Retrieved on: 
Wednesday, December 22, 2021

HORLEY, United Kingdom, Dec. 22, 2021 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent infrastructure investor, is pleased to announce an agreement to acquire a 25% equity interest in Scotia Gas Networks (the "Company" or "SGN") from OMERS Infrastructure ("OMERS").

Key Points: 
  • HORLEY, United Kingdom, Dec. 22, 2021 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent infrastructure investor, is pleased to announce an agreement to acquire a 25% equity interest in Scotia Gas Networks (the "Company" or "SGN") from OMERS Infrastructure ("OMERS").
  • The acquisition will be made through GIP's Separately Managed Account ("SMA") platform, leveraging GIP's significant experience in investing in core infrastructure.
  • SGN is a critical UK infrastructure asset which operates two gas distribution networks in Scotland and the Southeast of England.
  • The Company is the second largest gas distribution network operator ("DNO") in the UK and supplies six million customers across its service territory.