OMERS to acquire ArcLight's Leeward Renewable Energy
OMERS Infrastructure Management has agreed to acquire Leeward Renewable Energy LLC, a Dallas-based owner, operator and developer of wind power projects in the United States. No financial terms were released for the deal, which is expected to close in Q3 2018. The seller is ArcLight Capital Partners, which acquired Leeward in 2015. Leeward currently oversees 19 operating projects with a total installed capacity of 1.7 gigawatts. OMERS Infrastructure, the infrastructure arm of the Ontario Municipal Employees Retirement System, recently recruited Blackstone Group’s Michael Ryder as head of its Americas team.
22 March 2018•3 mins read
