OMERS Infrastructure to acquire a 49% stake in the Australian renewable energy platform of Fotowatio Renewable Ventures for $191m.

OMERS Infrastructure, an investor and asset manager, agreed to acquire a 49% stake in the Australian renewable energy platform of Fotowatio Renewable Ventures, a global developer of utility-scale renewable energy projects, for $191m. "We are delighted to partner with OMERS, a leading global energy investor with proven experience in funding renewables development projects. FRV’s partnership with OMERS will allow us to combine our collective expertise to drive investment and grow our leading position in solar generation in Australia”. Carlo Frigerio, Managing Director of FRV Australia added: “This partnership will accelerate FRV’s consolidation as one of the renewable energy market leaders in the country and also the expansion of our footprint into new technologies," Daniel Sagi-Vela, FRV CEO.