The Ontario Municipal Employees’ Retirement System’s infrastructure arm, alongside APG Asset Management on behalf of Dutch pension fund ABP, is signing an agreement to acquire an energy infrastructure solutions business.

Kenter, which was previously owned by Alliander Corporate Ventures, provides medium-voltage infrastructure, including transformers and switchgear, and metres to more than 25,000 commercial and industrial business customers in Belgium and the Netherlands.

It’s the consortium’s second joint investment in the Netherlands’ business-to-business energy solutions sector, after closing its investment in Groendus, a rooftop solar and storage solutions business, last year. Upon the latest transaction’s close, the shareholders intend for Kenter and Groendus to partner to offer integrated energy solutions to support the decarbonization of their operations and help them reach their net-zero goals, according to a press release.

Read: OMERS acquiring alternative energy group, AIMCO receiving shares in drilling company

“We’re thrilled to announce OMERS’ second investment to enable the energy transition in the Netherlands,” said Alastair Hall, senior managing director and head of Europe at OMERS Infrastructure, in the release. “We look forward to growing a B2B energy solutions platform in the region, delivering energy infrastructure for businesses looking to meet their sustainability goals.”

In other news, Cadillac Fairview, the Ontario Teachers’ Pension Plan’s real estate arm, is partnering with private mortgage lending firm Gateway Capital to acquire two urban infill industrial estates in Melbourne, Australia for $71.1 million on behalf of Gateway Capital Urban Logistics Partnership.

The two land-rich estates provide GULP with strong investments in the industrial precinct of Laverton North, said a press release, which noted the area is highly regarded for its excellent connectivity to the city’s western major arterial roadworks and excellent access to the Port of Melbourne and Melbourne Airport.

Read: Innovation, diversification in real estate sector taking institutional investors across the finish line