OMERS buys stake in Chilean gas company

OMERS buys stake in Chilean gas company

Chile M&A Funds Project & Infrastructure Finance

Borealis Infrastructure, an investment division of OMERS, acquired 34.6% of GNL Quintero, marking the Canadian pension plan's first direct investment in the infrastructure sector in South America.Enagas said it sold the stake for $341m and also entered into an option agreement to buy back 5% from OMERS within a year. The Spanish energy company's Chilean business, Enagas Chile, bought 19.6% of the liquid natural gas (LNG) company from the Oman Oil Company for $191m.Enagas said it will report net

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