The infrastructure arm of the Ontario Municipal Employees’ Retirement System is investing in a fibre-optic communication network provider.

OMERS Infrastructure has agreed to make a significant capital commitment in Beanfield Technologies Inc., which operates 4,000 kilometres of fibre-optic broadband infrastructure network in Canada. The investment will be used to support the network’s expansion.

According to a press release, the investment is part of a strategy to capitalize on growth in the digital infrastructure sector. “Investing in the critical digital infrastructure sector in our home market has been a priority for us and we are delighted to enter into this partnership,” said Gisele Everett, senior managing director and head of Americas at OMERS Infrastructure, in the release.

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In other investment news, the British Columbia Investment Management Corp. is increasing its stake in a U.K.-based electricity and gas utility company.

The institutional investor is part of a consortium, led by Macquarie Asset Management, acquiring a 20 per cent stake in National Grid’s gas transmission and metering business for £700 million (approximately $1.1 billion). In an earlier deal concluded in March, the consortium received a 60 per cent stake in the business for £2.1 billion (approximately $3.3 billion).

In a press release, the consortium said the deal, which hasn’t yet been approved by regulators, is expected to close before the end of the year.

Read: CPPIB invests in Indian real estate fund, BCI-owned utility company completes acquisition