OMERS Infrastructure is the infrastructure investment advisory and management arm of OMERS, the pension plan for municipal workers in the Province of Ontario, Canada. At OMERS Infrastructure, our diversified portfolio of large-scale infrastructure assets exhibits stability and strong cash flows, in sectors including energy, transportation and government-regulated services. Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $97 billion in net assets, as at December 31, 2018. It invests and administers pensions for almost half a million members from municipalities, school boards, emergency services and local agencies across Ontario.

OMERS Infrastructure

Leeward Renewable Energy, LLC (LRE)

Leeward Renewable Energy (LRE) is a growth-oriented renewable energy company that owns and operates a portfolio of 24 renewable energy facilities across nine states, totaling more than 2,500 MW of installed capacity. The company is actively developing new wind, solar, and energy storage projects in energy markets across the U.S., with about 20 GW of projects under development spanning over 100 projects.  LRE is a portfolio company of OMERS Infrastructure, a preeminent global infrastructure investor and investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$121 billion in net assets (as at December 31, 2021). As passionate renewable energy advocates, LRE takes great pride in responsible development and the safe operation of its projects. LRE is focused on building sustainable solutions for clean, renewable energy, and we remain dedicated to empowering communities through energy independence, job creation, and lasting partnerships.

Leeward Renewable Energy (LRE) is a high-growth renewable energy company focused on building a sustainable future. The company owns and operates a portfolio of 31 wind, solar, and energy storage facilities across the US, totaling approximately three gigawatts of generating capacity as of June 2023. LRE is actively developing and contracting a robust pipeline of new renewable energy projects.

Leeward Renewable Energy Completes GSG Wind Repower

Leeward Renewable Energy Operations Announces the Posting of Year End 2023 Financial Results and May 10 Investor Call

Leeward Renewable Energy Closes Financing for White Wing Ranch Solar and GSG Wind Projects

Established renewable energy technologies for a greener future

Current-gen renewables

Leeward Renewable Energy, LLC

Leeward Renewable Energy (LRE) is a high-growth renewable energy company focused on building a sustainable future. The company owns and operates a portfolio of 31 wind, solar, and energy storage facilities across the US, totaling approximately three gigawatts of generating capacity as of June 2023. LRE is actively developing and contracting a robust pipeline of new renewable energy projects.
One of LRE's key projects is the repowered GSG Wind facility located in Lee and LaSalle Counties, Illinois. In January 2024, the company completed the repowering of this project, which involved decommissioning 40 wind turbines and constructing 26 new turbines utilizing the latest GE technology. The repowered GSG Wind facility now generates 50% more clean energy with a smaller footprint, creating a more efficient facility with lower operating and maintenance costs. LRE recycled or reused 100% of the decommissioned wind turbines, keeping more than 600 tons of metal and fiberglass out of public landfills.
Another notable project for LRE is the White Wing Ranch Solar facility, a 179-megawatt facility located in Yuma County, Arizona. As of November 2023, construction was underway on this project, which is expected to be operational in the second half of 2024. LRE is pursuing innovative land management practices at White Wing Ranch Solar to promote the regeneration of native desert ecosystems.
In November 2023, LRE closed approximately USD 580 million of tax equity commitments and debt facilities for the White Wing Ranch Solar and GSG Wind projects. The company has stated that this financing reflects the continued confidence from leading financial institutions and knowledgeable investors in LRE's growth plans and its ability to execute.

Terra Solar is an Irish renewable energy company dedicated to developing, financing, constructing, and operating utility-scale solar farms across the island of Ireland. The company partners with commercial enterprises and private landowners to identify suitable sites for solar development, subsequently guiding these sites through the planning, grid approval, and construction phases until they become fully operational solar farms.
Terra Solar's solar power projects harness one of the cleanest sources of energy, generating electricity without emitting any pollution during production or consumption. Compared to fossil fuel-based energy sources, solar generation exerts minimal environmental impact and can support biodiversity gain.
In August 2022, Terra Solar's 65MW Ballinrea solar project located between Carrigaline and Cork City was acquired by Danish energy company Ørsted. The Ballinrea project, expected to commence construction in 2024 and become operational by 2025, will power up to 16,000 homes upon completion.
In March 2023, Ørsted acquired Terra Solar's 160MW Garrenleen project in Carlow. This project will reach commercial operation in two stages, one in 2025 and the other in 2026.
In September 2023, Terra Solar formed a partnership with Ørsted to develop a solar portfolio of up to 400MW across Ireland. These projects align with Ireland's goal of achieving 8GW of solar energy by 2030 and are targeted for completion before that year.

Terra Solar

Alight is a leading solar developer and independent power producer in Europe. The Stockholm-based company develops, owns, and operates onsite and offsite solar projects across the region. Alight adopts a subsidy-free business model, offering solar energy to commercial and industrial customers through long-term power purchase agreements (PPAs) at fixed prices.
Alight's core technology involves the development and construction of ground-mounted solar parks as well as rooftop solar installations for businesses. These systems generate clean electricity, enabling companies to switch to renewable energy sources. Alight retains ownership of the solar assets and sells the power directly to customers through PPAs spanning 10 to 20 years. This approach shields energy-intensive businesses from volatile electricity prices while providing access to sustainable energy.
By the end of 2024, Alight aims to have an installed solar capacity of one gigawatt (GW) across its operational projects, with plans to expand to five GW by 2030. A notable project in Alight's portfolio is the 100 MW solar park in Hultsfred, Sweden, developed jointly with Neoen for fashion retailer H&M Group. The company has also undertaken Sweden's largest co-located solar-plus-storage plant, a 12 MW facility in Linköping completed in December 2022.
In November 2022, Alight received a EUR 150 million investment from Dutch firm DIF Capital Partners, enabling the accelerated buildout of its solar project pipeline across the Nordics and Europe. This transaction also facilitated Alight's transition into an independent power producer, with plans to retain ownership of future solar assets.
Key customers and partnerships
Alight's customer base primarily comprises large corporations and energy-intensive businesses operating across various industries. Notable clients include fashion retailers H&M Group and Kingspan, financial institution Swedbank, automotive manufacturer Toyota, and food distributor Martin & Servera.
In December 2022, Alight partnered with French renewable energy company Neoen to jointly develop and own the 100 MW Hultsfred solar park in Sweden, secured through a power purchase agreement with H&M Group. This project represents the largest solar PPA contracted in Sweden to date.
Building upon this collaboration, Alight and H&M Group signed additional PPAs in January 2024 for the construction of three solar parks in Blekinge, Södermanland, and Halland, with a combined capacity of 23 MW. These projects are expected to be operational by early 2025, further strengthening Alight's partnership with H&M Group in delivering renewable energy solutions.

Alight

Terra-Gen is a leading independent provider of end-to-end renewable energy project development, financing, and operating capabilities in the US. The company specializes in utility-scale wind, solar, and energy storage projects across diverse technologies. As of March 2024, Terra-Gen operates approximately 2.4 GW of wind and solar assets, along with 5.1 GWh of energy storage facilities across 32 renewable power sites in the country, predominantly in California and Texas. Terra-Gen has a proven track record, having successfully developed over five GW of wind, solar, and energy storage projects, and operating and maintaining over 2.7 GW across 27 projects.
In March 2024, Masdar, a clean energy company based in the United Arab Emirates, acquired a 50% stake in Terra-Gen from Energy Capital Partners (ECP). The strategic investment aims to accelerate Terra-Gen's growth and expand its presence in key markets, leveraging Masdar's expertise in funding, developing, owning, and operating clean energy projects globally. The acquisition positions Terra-Gen for continued success, building on the significant growth and transformation achieved under ECP's ownership.

Terra-Gen

Chiron Energy is an independent Italian group that develops, builds, and operates state-of-the-art renewable energy plants and infrastructure with a very low environmental impact. The company specializes in constructing and commissioning incentivized photovoltaic plants across various regions of Italy, including Veneto, Lombardy, Piedmont, and Friuli-Venezia Giulia.
Established in late 2020 by Mario Pesaresi and his son Paolo, Chiron Energy has rapidly emerged as one of the leading solar developers in the Italian market. The company has an authorized pipeline of over 250 MWp of greenfield solar projects and has already secured financing for several projects through green loans from lenders like UniCredit.
In November 2021, Chiron Energy concluded the authorization processes for six photovoltaic plants in northern Italy with a total capacity of 25 MW. These plants, scheduled to become operational in 2024, are expected to produce 100% renewable energy, avoiding the release of approximately 9,500 tons of carbon dioxide emissions annually.
In June 2022, the company issued a EUR 5 million ESG-linked minibond with a bullet maturity of December 31, 2026, fully subscribed by the Progetto Minibond Italia fund. This minibond provides rate benefits linked to Chiron Energy's sustainability and ESG rating, supporting the company's ambitious growth and investment plans.
In April 2023, Chiron Energy secured a EUR 17 million green loan from UniCredit to fund the construction and commissioning of four new renewable energy production plants with a total installed capacity of over 19 MWp. Once operational by November 2023, these plants are expected to produce around 27 GWh of electricity annually, covering the needs of approximately 9,000 Italian households while avoiding emissions of over 14,000 tons of CO₂ equivalents per year.

Chiron Energy

Silicon Ranch is a Nashville-based independent power producer specializing in solar energy, battery storage, and carbon solutions. The company owns and operates all its projects across the US and Canada, with a contracted portfolio exceeding five gigawatts. Silicon Ranch pioneered a transformative approach called Regenerative Energy, which incorporates regenerative agriculture practices to restore soil health, promote biodiversity, and improve water quality on the same land where it generates renewable energy.
In 2022, Silicon Ranch installed nearly 700 megawatts of new solar capacity, setting a company record while maintaining its unblemished track record of successfully delivering every contracted project since its inception in 2011. The company signed contracts for over 1,100 megawatts of additional solar and battery storage projects last year, further expanding its multi-gigawatt pipeline.
Silicon Ranch's unique business model involves purchasing land for its facilities and committing to long-term ownership, fostering deeper connections with local communities. The company has deployed significant investments totaling approximately USD 1.5 billion for over one gigawatt of solar capacity across Georgia in partnership with the state's electric cooperatives. In 2021, Silicon Ranch acquired Clearloop, a platform that enables businesses to offset their carbon footprint by directly investing in new solar projects.
To support domestic manufacturing and lower its carbon footprint, Silicon Ranch has secured supply agreements with First Solar for 4.7 gigawatts of thin-film solar modules, 1.5 gigawatts of Nextracker solar trackers, and partnered with SOLARCYCLE for recycling damaged panels. The company's solar facilities have generated substantial tax revenues for host communities while creating thousands of construction jobs.
Key customers and partnerships
Silicon Ranch has established strategic partnerships with utilities, electric cooperatives, and corporate offtakers across its multi-gigawatt portfolio. Notable utility partners include the Tennessee Valley Authority (TVA), Mississippi Power, United Power Cooperative, and Green Power EMC, a renewable energy supplier for 38 Georgia electric cooperatives.
Major corporate customers span diverse sectors, with Silicon Ranch providing renewable energy and carbon solutions to Meta (formerly Facebook), Nike, Aerojet Rocketdyne, Volkswagen, and Rivian Automotive, among others. As of January 2024, Silicon Ranch has 16 operational solar projects totaling 630 megawatts for Meta in Georgia and Tennessee, with several additional facilities under construction.

Silicon Ranch

Manufacture solar panels, inverters, and other equipment for both residential rooftops and utility-scale solar projects

Develop, operate, and maintain solar power plants, excluding solar+storage and community solar project developers and operators

Develop, operate, and maintain solar power plants along with BESS

Facilitate solar power generation through shared solar or solar garden projects and operate on a subscription-based model

Manufacture wind turbines, towers, blades, and other related systems for wind power generation

Develop and operate onshore wind power projects

Manufacture hydroelectric turbines and develop and operate hydropower plants

Develop and operate facilities to convert organic waste streams into renewable energy

Facilitate the buying and selling of renewable energy certificates, contracts, and credits between producers and consumers

Set-up and maintenance of renewable energy systems for residential, commercial, and industrial applications

Provides current-gen renewable energy sources for sustainable energy consumption

Microsoft

Leeward Renewable Energy has secured two 200-megawatt Power Purchase Agreements (PPAs) with Microsoft Corp. for its solar projects in Texas.

Siemens

Leeward selected Siemens Gamesa to supply 29 of its SG 2.6-126 wind turbines

Leeward Renewable Energy, LLC

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