Borealis Infrastructure ("Borealis"), the infrastructure investment manager of OMERS, the pension plan for municipal workers in Ontario, Canada, today announced the purchase of an additional 5.5% interest in Kemble Water Holdings Limited, the ultimate holding company of Thames Water Utilities Limited ("Thames Water"), from AMP Capital. The transaction is expected to close later in the year.
Thames Water is the UK's largest water and wastewater company, a crucial provider of public utility services to almost a quarter of the UK’s total population.
OMERS became an investor in Thames Water less than two months ago, and following completion of the transaction announced today, will increase its overall interest to ~23%.
