OMERS Infrastructure’s Acquisition of Leeward Renewable Energy


Wells Fargo Securities, LLC is serving as exclusive financial advisor to OMERS Infrastructure, and Shearman & Sterling LLP is legal counsel. BofA Merrill Lynch acted as exclusive financial advisor to Leeward, and Latham & Watkins LLP acted as legal advisor to Leeward.

OMERS Infrastructure Management, Inc., the infrastructure management arm of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada, signed a definitive documentation to acquire Leeward Renewable Energy, LLC from affiliates of ArcLight Capital Partners, LLC.

Leeward is a leading wind power asset owner, operator and developer of wind projects in the United States across 19 operating projects with a total installed capacity of 1.7 GW. The Transaction is expected to close in the third quarter of 2018 and remains subject to customary approvals.

Dallas-based Leeward Renewable Energy, LLC is a growth-oriented company formed to own, operate, develop and acquire a diversified portfolio of renewable energy assets. Leeward maintains ownership and operating interests in 19 wind farms comprising 1.7 GW across the United States.

OMERS Private Markets (OMERS Infrastructure and OMERS Private Equity) invests globally in infrastructure and private equity assets on behalf of OMERS, the defined benefit pension plan for Ontario’s municipal employees.

Shearman advised OMERS with a team including Robert Freedman (Picture), Stephen Besen, Christian Rudloff, Kelsey Scribner, Erik John Lindemann and Zana Operta.

Involved fees earner: Robert Freedman – Shearman & Sterling; Stephen Besen – Shearman & Sterling; Zana Operta – Shearman & Sterling; Erik John Lindemann – Shearman & Sterling; Christian Rudloff – Shearman & Sterling; Kelsey Scribner – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: OMERS Infrastructure;

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Author: Ambrogio Visconti