Sept 17, 2015 – Borealis Infrastructure announced today that it has closed its previously-announced investment in Tank & Rast. Borealis made the investment as part of a global consortium of like-minded partners. Tank & Rast is Germany's largest and leading owner and concessionaire of a network of motorway service areas providing essential services to 500 million visitors each year. "Tank & Rast is Borealis’ first investment in Germany—and our second transaction in the European infrastructure market this year. Investments such as Tank & Rast align well with both our investment strategy and the OMERS pension plan’s long-term obligation to its members,” said Michael Rolland, Chief Investment Officer, OMERS Private Markets (Borealis Infrastructure and OMERS Private Equity). “Working with our partners and the management team at Tank & Rast, we will now focus on delivering value to all stakeholders over the long term,” Mr. Rolland said.
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