EQT to acquire majority stake in French calibration company Trescal

EQT to acquire majority stake in French calibration company Trescal

EQT Infrastructure V fund has agreed to acquire a majority stake in Trescal, a French calibration company, from Ontario Municipal Employees Retirement System (OMERS), marking the fund’s third investment in France. Trescal offers regulated calibration services for testing and measurement equipment in end-markets such as transport, telecom, and healthcare. The Paris-headquartered company operates third-party calibration […]

OMERS to take 50% stake in BridgeTex crude oil pipeline in Texas for $1.4bn

OMERS to take 50% stake in BridgeTex crude oil pipeline in Texas for $1.4bn

OMERS Investments, the infrastructure investment and management arm of Canadian pension fund OMERS, has signed a deal to acquire 50% stake in BridgeTex crude oil pipeline from Plains All American Pipeline and Magellan Midstream Partners for $1.438 billion. The BridgeTex crude oil pipeline system in Texas transports 400,000 barrel-per-day (bpd) of crude oil sourced from […]