Portfolio news: Oncor
March 17, 2026
OMERS has successfully signed a USD$290m inaugural US Private Placement for the OMERS holding company of Oncor — the largest electricity transmission and distribution utility in Texas, and an OMERS portfolio company since 2008.
This marks OMERS third infrastructure refinancing in five months. In late 2025:
Bruce Power completed its inaugural C$1.5bn senior unsecured bond issuance — the largest domestic holding company bond issuance in the Canadian Power & Utilities sector to date
We also closed €770m in new debt facilities for the OMERS holding company of Exolum, the global energy logistics platform supporting the energy transition.
Notably, all three transactions were oversubscribed, reflecting the strong fundamentals of these assets and support from our global lending partners.
Michael Hill, Executive Vice President & Global Head of OMERS Infrastructure, said: “OMERS is singularly focused on providing retirement security for our members, and investing in essential infrastructure assets globally is central to that mission. Refinancings — delivered through strong financial partnerships — play a critical role in the lifecycles of our investments, helping to enable resilience, growth and value creation.”
Congratulations to our teams and partners who made these milestones possible.
For further information contact:
OMERS
James Thompson
E: jathompson@omers.com
T: +44(0)7443 264 154
About OMERS Infrastructure
OMERS Infrastructure manages infrastructure investments globally on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada, and third-party investors through its Strategic Partnership Program. OMERS Infrastructure manages approximately C$40.9 billion, including capital invested on behalf of OMERS and third parties, in approximately 30 investments located in North America, Western Europe, India and Australia, and across sectors including energy, digital and transportation. OMERS Infrastructure has employees in Toronto, New York, London, Amsterdam and Sydney.
