Omers is considering the possibility of selling its ownership stake in a renewable energy company based in Texas.

Reported 6 months ago

Ontario's pension fund, OMERS, is reportedly exploring selling a stake in Leeward Renewable Energy, a Texas-based company valued at about $3.5 billion including debt. OMERS is working with advisers to generate interest in the company, which owns and operates solar, wind, and energy storage facilities across the US. Leeward, led by CEO Jason Allen, is developing new projects and aims to commercialize over 1,000 megawatts of renewable energy capacity in the coming years.

Source: YAHOO

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