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OMERS Infrastructure Signs Agreement with Ares Management to Acquire 100% of Navisun LLC,

OMERS Infrastructure Signs Agreement with Ares Management

MIL-OSI: OMERS Infrastructure Signs Agreement with Ares Management to Acquire 100% of Navisun LLC, Signals Entry into Distributed Generation Space

MIL-OSI: OMERS Infrastructure Signs Agreement with Ares Management to Acquire 100% of Navisun LLC, Signals Entry into Distributed Generation Space
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Canadian pension fund offloads 596MW US wind stake

The investment manager for a Canadian pension fund has signed an agreement to sell its minority interest in a 596MW portfolio of four wind farms in the US states of Illinois, Texas, Oregon and Minnesota. OMERS Infrastructure is offloading the stakes in the portfolio, known collectively as Vento 2, to Atlantica Sustainable Infrastructure for approximately $196.5m. OMERS Infrastructure manages investments globally in infrastructure on behalf of OMERS, the defined benefit pension plan for municipal employees in the province of Ontario, Canada. OMERS Infrastructure Americas senior managing director Gisele Everett said: “We have been invested in Vento since 2012. We are proud of what we have helped accomplish at this asset while working alongside world-class operators and our valued partners EDPR North America.

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