(22 December 2022, London) – OMERS Infrastructure today announced that OMERS has increased its stake in Hamburg-based VTG, Europe’s largest freight railcar lessor, by approximately 6%. OMERS, which first invested in VTG in 2019, will be an equal partner alongside a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) and Global Infrastructure Partners (“GIP”) who are jointly acquiring Morgan Stanley Infrastructure Partners (“MSIP”) and Joachim Herz Stiftung’s (“Herz”) stakes (as previously announced). Following the transaction, each shareholder will hold a ~33.3% stake in VTG. OMERS had previously held a 27.5% stake in VTG alongside MSIP and Herz. ADIA and GIP’s investments, and OMERS ~6% increase, completed today.
Alastair Hall, Senior Managing Director and Head of Europe, OMERS Infrastructure, said: “We’re proud to increase OMERS stake in VTG and look forward to working with ADIA and GIP to support VTG’s continued growth and development. Germany continues to be a target market for us, and we are actively exploring other transport and logistics infrastructure investments across Europe.”
OMERS Infrastructure manages 12 investments in Europe, four of which are in Germany: VTG, Tank & Rast, Deutsche Glasfaser, and amedes.
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About OMERS Infrastructure
OMERS Infrastructure manages investments globally in infrastructure on behalf of OMERS, a defined benefit pension plan for municipal employees in the Province of Ontario, Canada, and third-party investors through its Strategic Partnership Program. OMERS Infrastructure currently has approximately C$32 billion in assets under management and over 30 investments, principally in North America, Europe and Asia-Pacific and across sectors including energy, digital services, transportation and government-regulated services. OMERS Infrastructure has employees in Toronto, New York, the U.K., Continental Europe (including Amsterdam, NL), Asia and Australia. More information: www.omersinfrastructure.com.