OMERS takes stake in electricity firm

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CANDADA/US - The Ontario Municipal Employees Retirement System (OMERS) and GIC Special Investments (GIC SI) have bought a minority stake in the largest electricity distribution and transmission system in Texas.

The investor group, led by Borealis Infrastructure Management (Borealis), an investment arm of the OMERS pension plan, and GIC SI, a global investment company established to manage Singapore's fore...

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