OMERS Private Equity Makes US$100M Growth Investment in NovaSource Power Services

August 9, 2022

OMERS Private Equity has acquired a minority stake in NovaSource Power Services through a US$100 million growth capital investment, alongside NovaSource's leadership team and majority owner Clairvest Group. The proceeds will finance NovaSource's continued growth, capability expansion (including recent acquisition of Heliolytics) and international expansion of its solar operations & maintenance and storage services.

Targets
NovaSource Power Services
Industry
Renewable Energy
Location
Arizona, United States
Transaction Type
Growth capital

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