{"id":18442,"date":"2020-05-21T15:00:20","date_gmt":"2020-05-21T19:00:20","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/omers-closes-investment-in-german-fibre-technology-company-146224"},"modified":"2020-05-21T15:00:20","modified_gmt":"2020-05-21T19:00:20","slug":"omers-closes-investment-in-german-fibre-technology-company","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/05\/21\/omers-closes-investment-in-german-fibre-technology-company\/","title":{"rendered":"OMERS closes investment in German fibre technology company"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"350\" height=\"185\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2019\/03\/Lessons-Abroad-350x185.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"OMERS closes investment in German fibre technology company\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;May 21, 2020 <\/p>\n<p>The Ontario Municipal Employees Retirement System is closing its previously announced investment in fibre technology company Deutsche Glasfaser Holding.<\/p>\n<p>The German company is a provider of gigabit internet connections through fibre-to-the-home to more than 700,000 households and 5,000 businesses across the country.&nbsp;The investment, alongside&nbsp;partner EQT Infrastructure Fund IV, was <a href=\"https:\/\/www.benefitscanada.com\/news\/omers-investing-in-german-internet-infrastructure-psp-in-cloud-security-platform-142498\">announced&nbsp;in February 2020<\/a>.<\/p>\n<p>\u201cThis closing underlines both our ongoing interest in Germany as a high-quality jurisdiction and our continuing interest in telecommunications-related opportunities,\u201d&nbsp;said Ralph Berg, global head of the OMERS Infrastructure, in a press release. \u201cWhile we celebrate today\u2019s success, our worldwide search for further solid investment opportunities maintains a steady pace.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/omers-investing-in-german-internet-infrastructure-psp-in-cloud-security-platform-142498\">OMERS investing in German internet infrastructure, PSP in cloud security platform<\/a><\/strong><\/p>\n<p>As previously announced, Deutsche Glasfaser&nbsp;will be combined with EQT Infrastructure Fund IV portfolio company Inexio to form a fibre-to-the-home player in rural Germany.<\/p>\n<p>\u201cOur thesis continues to be that investing in the development of telecommunication infrastructure will generate, as the rollout approaches completion, strong and stable cash flows that are a good match with our long-term obligations towards our OMERS members,\u201d said Philippe Busslinger, head of Europe at the OMERS Infrastructure, in the release.<\/p>\n<p>The news marks the pension fund\u2019s&nbsp;third infrastructure investment in Germany, following its 2015 investment in motorway services provider Autobahn Tank &amp; Rast Gruppe and its 2019 investment in VTG, the largest railcar leasing and rail logistics company in Europe.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/omers-invests-in-germany-69912\">OMERS invests in Germany<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/omers-closes-investment-in-german-fibre-technology-company-146224\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;May 21, 2020 The Ontario Municipal Employees Retirement System is closing its previously announced investment in fibre technology company Deutsche Glasfaser Holding. The German company is a provider of gigabit internet connections through fibre-to-the-home&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18442"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=18442"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18442\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}