ABP and OMERS to acquire Dutch energy infrastructure solutions business Kenter
Retrieved on:
Monday, July 3, 2023
Allen & Overy, Employment, Senior, ABP, Sale, Acquisition, Investment, Trustee, OMERS, APG, Renewable energy, Kenter, EU
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.