Our long-term commitment to renewable energy
Capital invested or arranged into renewable energy projects since 2010
Renewable energy managed globally
Infrastructure assets under management globally
18 Aug 2017
Macquarie-led consortium completes acquisition of the Green Investment Bank. Listen to Daniel Wong, Edward Northam and Mark Dooley talk about the announcement.
Our renewable energy credentials
Macquarie - and its managed funds - is one of the world’s largest investors in renewable energy having invested or arranged more than £8.5 billion of investment into renewable energy projects since 2010.
Macquarie has a substantial and longstanding commitment to the renewable energy and clean technology sectors as a fund and project manager, adviser, financier, and participant in environmental markets. We also actively invest in these sectors alongside our clients.
Our support for the renewable energy and clean technology sectors is part of a broader commitment to infrastructure. Macquarie has more than £78 billion of infrastructure assets under management globally and co-invests alongside the world’s leading institutional investors including public sector pension funds.
MGT Teesside: Having the confidence to deliver
Developed by MGT Power and located in North-East England, Tees Renewable Energy Plant will be the world’s largest new-build biomass plant. Macquarie, partnering with MGT, successfully commercialised, structured and financed the project through development to financial close in August 2016, with construction due to be completed by 2020.
By structuring the required development funding, deal reached financial close on £900 million of total funding. It also demonstrated the commitment and flexibility of Macquarie in delivering capital and advice to clients at all stages of their business or project evolution.
Matt Booth, Head of Commodity Linked Investments, Commodities and Global Markets, and Chris Archer, Managing Director, Macquarie Capital, describe why Macquarie took on the project.
Swansea Bay: The world’s first tidal lagoon power plant
Swansea Bay Tidal Lagoon is a world-first renewable energy project. Harnessing the rise and fall of the tide in Wales’ Swansea Bay, the lagoon will have an installed capacity of 320MW and it is anticipated that 530GWh of electricity will be generated each year. This is equivalent to 11 per cent of Wales’ domestic energy consumption and will provide electricity for approximately 155,000 homes.
Mark Dooley, Head of Energy and Infrastructure, Europe, Macquarie Capital describes how the project will meet the challenge of converting tidal energy into electricity sustainably and at scale.
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates in 64 office locations in 28 countries and employs more than 14,300 people. Assets under management £291.4 billion1.
What We Stand For
Three principles guide our approach: Opportunity, Accountability and Integrity.Find out more
Discover the latest news and developments from across our global operations.Find out more
Environmental, social and governance
Our commitment and responsibility to clients, shareholders and the communities in which we operate.Find out more