OMERS Infrastructure Signs Agreement with Ares Management to Acquire 100% of Navisun LLC, Signals Entry into Distributed Generation Space
Canadian Pension Plan Accelerates Sustainable Investing MomentumOMERS Infrastructure Portfolio Marks Fourth Renewables Deal of 2021 NEW YORK and TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- OMERS Infrastructure today announced that it has signed an agreement with a fund managed by Ares Management Corporation to acquire 100% of Navisun LLC, an independent distributed generation solar power producer. Navisun acquires, co-develops, constructs, finances, owns and operates distributed and small utility-scale solar and storage projects throughout the United States. "We are pleased to announce our investment in Navisun and look forward to working with founders John Malloy and Doug Johnsen and the
