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Ontario Teachers', Borealis Launch U.K. Smart Energy Companies

by posted 1year ago 361 views
Ontario Teachers’ Pension Plan and Borealis Infrastructure have partnered in the launch of two new British smart energy companies. They are MapleCo, a meter asset provider that will support the roll out of a national smart meter program, and SGN Smart, an affiliate of SGN Ltd, which will provide services and resources to MapleCo. No financial terms were disclosed for the deal, which is being done in collaboration with SSE plc. SGN, a British gas distribution network company, is backed by Borealis, the infrastructure investment arm of the Ontario Municipal Employees Retirement System (OMERS).