Globenewswire | July 04, 2023
ABP and OMERS Infrastructure have today announced the signing of an agreement for the acquisition of Kenter from Alliander Corporate Ventures. Kenter is an energy infrastructure solutions business providing medium-voltage infrastructure – including transformers and switchgear – and meters to over 25,000 commercial and industrial business customers in the Netherlands and Belgium. This investment is done by APG Asset Management on behalf of ABP, the largest pension fund in the Netherlands; OMERS Infrastructure is investing on behalf of OMERS, one of the largest pension plans in Canada.
ABP and OMERS investment in Kenter will be the consortium’s second joint investment in the Dutch B2B energy solutions sector, after reaching close on their investment in Groendus in November last year. Groendus develops, builds and operates rooftop solar and storage solutions, meters and electric vehicle chargers for its commercial and industrial business customers, as well as providing access to its proprietary energy management system and energy marketplace, Groendus Energiemarktplaats. Upon close, the shareholders envision that Kenter and Groendus will partner to offer existing and new customers holistic, integrated energy solutions to support the decarbonization of their operations and help them reach their net zero goals.
Harmen van Wijnen, Chairman of the Board of Trustees at ABP, said: “ABP likes to invest in the Netherlands in order to stimulate economic growth, employment and sustainable projects. We also want to contribute to the energy transition and wholeheartedly support our nation's climate objectives. Therefore, investments in the electrification infrastructure are needed on a large scale. This investment benefits our three million participants in several ways. It not only contributes to sufficient and sustainably generated energy in the Netherlands but also generates long-term value for our pension participants.”
Jan-Willem Ruisbroek, Head of Global Infrastructure Investment Strategy at APG, said: “The energy transition is propelling the electrification trend in the Netherlands and across Europe, aligning with the ambitious climate targets set by the EU. To ensure its success, substantial investments in essential electrical infrastructure such as transformers, meters, batteries and electric vehicle chargers are imperative for our society. By investing in Kenter, building upon our previous venture with Groendus last year, we intensify our efforts. We are looking forward to working with the management teams and staff to establish a national champion in the energy transition sector the Netherlands and abroad.”
Alastair Hall, Senior Managing Director and Head of Europe, OMERS Infrastructure, said: “We’re thrilled to announce OMERS second investment to enable the energy transition in the Netherlands. We look forward to growing a B2B energy solutions platform in the region, delivering energy infrastructure for businesses looking to meet their sustainability goals.”
Erik van der Ende, CEO of Kenter, said: “I am delighted with the choice of ABP and OMERS Infrastructure. As an independent company, when it comes to the energy transition, we take care of all the needs of our existing and new customers by offering total solutions in the field of energy infrastructure. We operate in an extremely attractive growth market and this proposed sale makes it possible for Kenter to really take full advantage of our potential. We look forward to continuing to work on the energy transition together with our customers, employees, partners and new shareholders.”
APG and OMERS Infrastructure were advised by DC Advisory, Emendo Capital and Allen & Overy. The closing of the transaction is expected in Q4 2023, subject to customary regulatory approvals. Terms of the deal are not being disclosed.
About OMERS Infrastructure
OMERS Infrastructure manages infrastructure investments globally on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada, and third-party investors through its Strategic Partnership Program. OMERS Infrastructure manages approximately C$34 billion, including capital invested on behalf of OMERS and third parties, in over 30 investments located in North America, Europe and Asia-Pacific and across sectors including energy, digital services, transportation and government-regulated services. OMERS Infrastructure has employees in Toronto, New York, the U.K., Amsterdam, Asia and Australia.
Application Storage, IT Systems Management
businesswire | August 16, 2023
Stellar Cyber, the innovator of Open XDR technology, announced that the Stellar Cyber Open XDR platform is available on Oracle Cloud Infrastructure (OCI) to help users manage their security operations. Joint customers of Oracle and Stellar Cyber can expect to reduce cyber risk and improve security analyst efficiency and effectiveness.
“We find that OCI is a user-friendly platform, which correlates directly to our commitment to making security operations simpler,” said Andrew Homer, VP of Strategic Alliances for Stellar Cyber. “We are excited to work with OCI to deliver the security solutions our shared customers require and trust.”
With integrations and support for all enterprise data sources, field-vetted AI/ML-driven correlation, and purpose-built intelligent automation, the Stellar Cyber Open XDR platform eliminates manually-intensive security tasks while enabling security teams to quickly monitor, identify, and respond to threats in their cloud, on premises, OT and hybrid environments. By running on OCI, the Stellar Cyber platform offers its best-in-class security outcomes to OCI users.
“Stellar Cyber is committed to providing the critical capabilities security teams need to deliver consistent security outcomes—all for a single license and price on a single platform,” said Jim O’Hara, Chief Revenue Officer at Stellar Cyber. “This simple yet comprehensive model makes it easy for customers to measure how our Open XDR platform dramatically impacts their security ROI.”
“We designed OCI with a security-first mindset, which is one of the many reasons why enterprises continue to trust Oracle with their data,” said David Hicks, Group Vice President, Worldwide ISV Cloud Business Development, Oracle. “Stellar Cyber on OCI provides our joint customers with an industry-leading Open XDR solution to manage their cloud security posture and help protect their data.”
Stellar Cyber is a member of Oracle PartnerNetwork (OPN). OCI customers now can purchase Stellar Cyber via the Oracle Cloud Marketplace, applying Oracle Universal Credits (OUCs) toward the purchase price.
About Stellar Cyber
The Stellar Cyber Open XDR platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identiﬁcation and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR.
Hyper-Converged Infrastructure, Windows Systems and Network, IT Systems Management
PRWeb | August 14, 2023
NetActuate, a leading provider of global infrastructure and network services, has announced today the release of the eighth generation of its global platform. Existing customers can now experience powerful new features for streamlined self-service management of their global deployments.
The new release builds on NetActuate's years of experience operating self-service cloud and networking platforms. The eighth version incorporates an intuitive, robust UI that enables greater insight and visibility across a range of infrastructure and network services. From virtual servers to bare metal and colocation, the new platform allows for easier monitoring and optimization, as well as greater self-service options than ever before.
"We couldn't be prouder of the work done by our development and engineering teams to deliver the eighth generation of our platform," said Mark Mahle, CEO of NetActuate. "From the data center up, we have always had full control over our entire stack. This allows us to innovate at all levels to deliver numerous improvements for our customers."
Inside the new platform, users can intuitively and easily manage their entire global deployment. From spinning up new virtual servers, to monitoring bandwidth in the data center, NetActuate customers now have more control than ever before, right at their fingertips.
"Unlike other companies in this space, NetActuate is truly engineering-led," said Mark Price, Vice President of Infrastructure. "Our development and engineering teams worked hand-in-hand to rework the entire platform experience for end users, and add in powerful new capabilities wherever we could."
Anycast customers now have powerful new tools for node management. From adding and removing locations instantly, to enabling them to see their entire anycast network at-a-glance, network optimization is now easier than ever.
NetActuate is a leading provider of highly available, low latency custom network and infrastructure services that reach every major global market. From the datacenter to the last mile, we help providers take their products and services to the global edge faster. Our customers can rapidly scale without fear of high costs or devastating performance issues. We built one of the world's largest global networks by number of peers, and it serves as the foundation for our performance BGP anycast platform that powers over 25 billion transactions a day.