IMCO acquires stake in Britain's Bioenergy Infrastructure Group
Investment Management Corp of Ontario (IMCO) has invested in Bioenergy Infrastructure Group (BIG), a British developer and operator of biomass and waste-to-energy plants. Terms weren't disclosed. IMCO acquired its stake by co-investing with U.K. infrastructure investment firm Infracapital. BIG was established in 2015 by Infracapital, Aurium Capital Markets, Helios Energy Investments and Foresight Group. This week, the company raised an additional £150 million ($258 million) in financing from Infracapital, Aurium and Helios. Launched in 2017, Toronto-based IMCO oversees $60 billion in assets on behalf of Ontario public-sector institutional investors.
12 October 2018•3 mins read
