OMERS Infrastructure Management Inc. (“OMERS Infrastructure”), the infrastructure investment manager of OMERS, the pension plan for municipal workers in Ontario, Canada, today announced the purchase of an additional 4.36% interest in Kemble Water Holdings Limited, the ultimate holding company of Thames Water Utilities Limited (“Thames Water”), from Hermes Investment Management. The transaction is expected to close later in the year.
Following completion of the transaction, OMERS Infrastructure will increase its overall interest in Thames Water to ~27%.