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OMERS Infrastructure acquires 49% interest in Fotowatio Renewables
With assistance from BigLaw firm Herbert Smith Freehills, OMERS Infrastructure has acquired a 49 per cent interest in Fotowatio Renewables.
Naomi Neilson
Firm: Herbert Smith Freehills (OMERS Infrastructure)
Value: N/A.
Area: M&A.
Key players: The team was led by partner David Ryan, with senior associate Michael Trent and solicitors Aditya Shivam and Blair Feng.
Deal significance: OMERS Infrastructure, part of one of Canada’s largest pension funds, is a leading global infrastructure investor.
Mr Ryan commented: “Congratulations to both OMERS Infrastructure and FRV on the start of what will undoubtedly be an exciting and fruitful joint venture for both of them. The Australian energy market is at an exciting crossroads, and the FRV Australia platform is well-positioned to play a leading role in the transition to greater levels of renewable generation.”
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly.
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