Macquarie Group Ltd.’s green investment arm raised 1.6 billion euros ($1.94 billion) for a renewable energy fund. The company’s Green Investment Group Renewable Energy Fund 2 closed after exceeding its target of 1 billion euros and received commitments from 32 pension funds and insurers from largely the U.K. and Germany, as well as from some […]
Macquarie’s GIG launches new European solar energy company, Cero Generation
Macquarie’s Green Investment Group launches new European solar energy company, Cero Generation Cero Generation will deliver utility-scale and on-site generation projects, as well as integrated energy storage solutions, across Europe With more than 8 GW under development across 150 projects, Cero is launched with one of Europe’s largest solar development portfolios. Macquarie’s Green Investment Group (GIG) launches Cero Generation (Cero), a specialist solar energy company working across Europe […]
Linklaters advises Macquarie’s Green Investment Group on the potential sale of an equity stake in its renewable energy development platform in Japan
Linklaters advises Macquarie’s Green Investment Group on the potential sale of an equity stake in its renewable energy development platform in Japan Green Investment Group on the potential sale of an equity stake in its … Linklaters advised Macquarie’s Green Investment Group (GIG) on the … Iberdrola has acquired Macquarie’s wind energy platform in […]
Macquarie issues joint venture on 1GW solar and battery project pipeline
Macquarie’s Green Investment Group (GIG) has announced a new UK joint venture with Enso Energy to create one of the largest solar and battery portfolios that will enhance the biodiversity on each project site. GIG was initially the Green Investment Bank launched by the UK Government in 2012. It was purchased by Macquarie in 2017 […]
Macquarie Group closes 90 mln euro debt investment in Spanish solar portfolio
LONDON, Jan 20 : Macquarie Infrastructure Debt Investment Solutions (MIDIS), part of Macquarie Group, has closed a 90 million euro ($100 million) debt investment in a portfolio of Spanish solar farms, it said on Monday. The portfolio is owned by Spanish solar developer Grupo T-Solar and includes 23 ground-mounted solar farms in Spain with a […]
Macquarie’s Green Bank Embraces ‘Enormous Game’ of Offshore Wind
One of the world’s biggest investors in renewable energy sees a growing opportunity in offshore wind projects. More certainty from governments about future regulation and the expansion of new floating technology could drastically broaden the opportunities for investors, according to Mark Dooley, global head of Macquarie Group Ltd.’s Green Investment Group. “I love offshore wind. […]
Macquarie’s GIG financed $3 billion of green capital over past year
LONDON : Macquarie-owned Green Investment Group (GIG) has invested more than 2.4 billion pounds ($3 billion) globally in low-carbon projects over the past year, it said in its second annual report on Thursday. The GIG was bought by Australia’s Macquarie Group (MQG.AX) in 2017 from the British government and invests in low-carbon energy and infrastructure […]
Macquarie Announces Commitments to Mobilise Climate Finance
Macquarie joins leading financial services firms and governments at the UN Climate Action Summit to launch new climate finance reports and commitments Macquarie plans to develop a 20 GW pipeline of renewable energy projects, including 4 GW in emerging markets Final close approaching on a $A1 billion agriculture fund targeting improvements in on-farm energy efficiency […]
UPDATE 3-Australia’s Macquarie raises $675 mln for renewables, tech investment
* Macquarie to raise A$1 bln via non-underwritten placement * Offers shares at A$118 to A$123.5 each -sources * Investor demand enough to cover book -sources * Share offer could raise extra A$300-600 mln -Goldman Sachs * Raising for investments surprising given excess capital- GS (Adds price range for bookbuild, CEO comments at investor briefing) […]
Macquarie kicks off sale of wind assets in Italy and France
MILAN: Infrastructure fund Macquarie has kicked off the sale of its Renvico wind farm portfolio located in Italy and France worth around 400 million euros ($450 million), four sources familiar with the matter said. The Australian fund, advised by Rothschild, has sent out teasers and information memoranda will follow at the end of the month, […]