In a landmark deal aimed at driving the renewable energy sector in the United States, Macquarie Asset Management (MAM) has agreed to invest up to $1.725 billion in D. E. Shaw Renewable Investments (DESRI). This substantial investment will come through various MAM-managed funds, including the Macquarie Global Infrastructure Fund, Macquarie Green Energy and Climate Opportunities […]
In a landmark transaction, Macquarie Asset Management has secured full ownership of National Gas, concluding a major acquisition of the remaining 20% equity interest held by National Grid. This move positions Macquarie Asset Management as the sole owner of National Gas, which operates the United Kingdom’s expansive 7,660-kilometre national gas transmission system. This acquisition underscores […]
Macquarie Asset Management and Sol Systems have jointly announced a substantial $85 million debt investment to support the construction and operation of five utility-scale solar projects across Illinois and Ohio. This investment signifies the initial phase of a larger collaboration aimed at enhancing renewable energy infrastructure in the United States. Strategic Investment in Renewable Energy […]
In a strategic move poised to reshape the energy landscape of the Czech Republic, ČEZ Group has announced its acquisition of a significant 55.21% stake in GasNet, the nation’s premier gas distribution infrastructure operator. This pivotal transaction, valued at EUR 846.5 million, underscores ČEZ Group’s commitment to spearheading the Czech Republic’s energy transition from coal […]
Australian financial services giant, Macquarie Asset Management, has introduced Aula Energy, a pioneering business in the onshore renewable energy sector. Aula Energy, leveraging Macquarie’s 17-year history in renewable investments, focuses on developing, constructing, and operating large-scale wind, solar, and integrated battery projects across Australia and New Zealand. Chad Hymas, leading Aula Energy, emphasizes the company’s […]
Porter Aviation Holdings Inc. (PAHI) and Macquarie Asset Management (MAM) announced a partnership to develop the new passenger terminal at Montréal Saint-Hubert Airport (YHU). A joint venture company, YHU Infrastructure Partners (Québec) LP, is being formed to lead the project, with local management operating the facility upon completion. PCL, Canada’s largest contracting organization, has been […]
Macquarie Asset Management said that on behalf of its managed funds alongside its co-investors, has agreed to sell 100% of Axicom to Australia Tower Network (ATN) from AustralianSuper and Singtel for AUD 3.58 billion ($2.68 billion). Axicom is an Australian mobile towers owner that operates nearly 2,000 telecommunication sites in metro as well as outer-metro […]
Macquarie Asset Management has signed a deal worth around $1.7 billion to acquire US-based asset and wealth management company Waddell & Reed Financial. The asset management unit of Australia-based Macquarie Group is offering to acquire each of the shares of Waddell & Reed Financial for $25. While the asset management business of the US company […]