OMERS and APG to acquire Groendus from NPM Capital.

OMERS, a Canadian public pension fund, and APG, a Dutch pension investment company, agreed to acquire Groendus, an energy transition platform in the Netherlands, from NPM Capital, a private equity firm. Financial terms were not disclosed. "We’re thrilled to be announcing today our first investment in European renewables. In Groendus, we see an excellent opportunity for OMERS to invest into an energy transition growth platform with a clear mission to enable its commercial, industrial and public customers to decarbonize. Alongside APG, we look forward to working with Groendus’ experienced leadership team and playing an active role in helping the company continue to grow and deliver on its purpose to enable 100% clean energy for every organization and institution in the Netherlands," Alastair Hall, OMERS Senior Managing Director and Head of Europe.