Canadian fund buys interest in Thames Water

A Canadian pension plan has acquired an interest in UK utility Thames Water.

OMERS Infrastructure Management has purchased an additional 4.36% interest in Kemble Water Holdings, the holding company of Thames Water Utilities.

Expected to be completed by the end of the year, the transaction will bring the firm’s total interest in Thames Water to 27%.

OMERS has recently outlined plans to open an office in Singapore in January 2018 with an infrastructure team.