OMERS completed the acquisition of a 49% stake in FRV Australia.

OMERS, an investor and asset manager, completed the acquisition of a 49% stake in FRV Australia, a renewable energy platform. Financial terms were not disclosed. “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," Daniel Sagi-Vela, FRV CEO.