OMERS Infrastructure invests in Puget Sound Energy

On August 8th, 2018, Puget Sound Energy (PSE) announced an increased investment from two existing shareholders and the addition of two new investors to the group of public and private sector pension and retirement fund managers with stakes in the utility, following Macquarie Infrastructure Partners' sale of its 44% non-controlling interest.

The two new investors, OMERS Infrastructure and Dutch pension fund manager PGGM, will acquire 23.9% and 10% stakes, respectively. Existing shareholders Alberta Investment Management Corporation (AIMCo) and the British Columbia Investment Management Corporation (BCI) are increasing positions they've held since 2009 by 6% and 4% to 13.6% and 20.9%, respectively.

OMERS, the pension plan for Ontario's municipal employees, is one of Canada's largest pension plans, with C$77 billion of net assets invested in a diversified global portfolio of public investments, private equity, infrastructure and real estate.

PSE is a Washington state energy utility providing electrical power and natural gas primarily in the Puget Sound region of the northwest United States.

Further information can be found on Puget Sound Energy's website.