Omers Infrastructure News Today

(Bloomberg) -- The biggest shareholder in Thames Water wrote off the entire value of its stake in the latest sign of the utility’s desperate financial situation.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary F...

The funding for the acquisition was through a rupee term loan, the issue of non-convertible debentures and the preferential issue of units to the unitholders namely, Canada Pension Plan Investment Board (CPP Investments) and OMERS Infrastructure.

ADIA is among the firms looking to bid for a 34% stake in the UK’s major port operator Associated British Ports (ABP).

New Zealand government-owned Genesis Energy and renewables partner FRV Australia have purchased an advanced 52 MW agrivoltaic solar project on New Zealand’s South Island. If the project meets its 2024 operational target as anticipated, it will be the country's first utility-scale solar farm.

Saudi-based Abdul Latif Jameel Energy said one of its units, Fotowatio Renewable Ventures (FRV), has joined hands with Canadian infrastructure fund Omers to complete refinancing of a key solar farm in Australia that has a total capacity of 277,150 MWh.

Saudi-owned Fotowatio Renewable Ventures has made a $15 million investment in local energy software company Evergen.

Australias TPG was the last of the countrys operators to offload its towers, but has finally sold them to Canadas Omers Infrastructure Management.

Milbank have advised OMERS Infrastructure in sale of joint stake in GNL Quintero, the largest LNG terminal in Chile.

Spain’s Enagás Internacional and Canadian asset manager Omers Infrastructure are set to divest their stakes in GNL Quintero (GNLQ).

The terminal in Quintero Bay accounts for three quarters of Chiles overall regasification capacity.