Connection

popular articles

Waga Energy launches biomethane unit on Vancouver Island with FortisBC
Scatec secures 123 MW battery storage contract in South Africa
Aker Solutions secures 2 GW contract for BalWin2 in Germany
Syria signs $7bn energy deal with foreign partners
EU and UK carbon prices stall pending regulatory clarification

Macquarie Asset Management invests $332 million in Hydro Rein

Macquarie Asset Management (Macquarie) has completed a $332 million investment to acquire 49.9% of Hydro Rein. This transaction will support the development of Hydro Rein's renewable energy projects, consolidating its presence in the Nordic and Brazilian markets.
Hydro Rein Macquarie investissement énergétique
  • [favorite_button]

Please share:

Macquarie Asset Management (Macquarie) has finalized its $332 million investment in Hydro Rein, acquiring a 49.9% stake. This transaction, originally announced for October 2023, is designed to support the development of Hydro Rein’s renewable energy projects.

Strengthening Hydro Rein’s Strategic Position

Hydro Rein, a major supplier of renewable energy to the industrial sector, has a gross development capacity of 8.4 GW in its main markets, notably the Nordic countries and Brazil. Since its creation in 2021, Hydro Rein has established strong industrial partnerships, including long-term power purchase agreements of 5.3 TWh per year with facilities such as the Alunorte alumina refinery, the Albras primary aluminum plant and the Paragominas bauxite mine.

Macquarie’s objectives and outlook

Macquarie’s investment will be held by the Macquarie Green Energy and Climate Opportunities Fund, aimed at financing Hydro Rein’s pipeline of projects under construction and development. This financial support will enable Hydro Rein to strengthen its capacity andexpand its portfolio of energy projects. Mark Dooley, Global Head of Green Investments at Macquarie Asset Management, said:

“This investment represents an important milestone for our partnership with Hydro and our commitment to renewable energy.”

Continuity of collaboration

Eivind Kallevik, President and CEO of Hydro, added:

“This transaction marks a new phase in our partnership with Macquarie. Hydro Rein is well positioned to achieve its ambitious growth objectives with this support.”

Since 2017, Macquarie and Hydro have collaborated on several projects, including the development of 1.3 GW of renewable energy capacity, with notable projects in the Nordic countries and a 456 MW onshore wind farm in Brazil. These collaborations have helped strengthen Hydro’s position in the renewable energies market.
Macquarie’s strategic investment in Hydro Rein underlines the importance of collaboration in the development of energy infrastructure. By strengthening its renewable energy production capacity, Hydro Rein can better meet the needs of the industrial market while consolidating its competitive position.

Register free of charge for uninterrupted access.

Publicite

Latest news

Waga Energy launches biomethane unit on Vancouver Island with FortisBC
Scatec secures 123 MW battery storage contract in South Africa
Aker Solutions secures 2 GW contract for BalWin2 in Germany
Syria signs $7bn energy deal with foreign partners
EU and UK carbon prices stall pending regulatory clarification

Recently published in

Natural gas demand for power generation drops in the United States in May 2025

In May 2025, natural gas demand for electricity generation in the United States declined, influenced by cooler weather conditions and a significant increase in solar generation.
Waga Energy launches biomethane unit on Vancouver Island with FortisBC
Waga Energy has commissioned a biomethane facility in British Columbia, in partnership with FortisBC and Capital Regional District, marking the first unit of its kind on Vancouver Island.
en_1140290951540
Waga Energy launches biomethane unit on Vancouver Island with FortisBC
Waga Energy has commissioned a biomethane facility in British Columbia, in partnership with FortisBC and Capital Regional District, marking the first unit of its kind on Vancouver Island.
en_1140290951540
Scatec secures 123 MW battery storage contract in South Africa
The Norwegian group has been named preferred bidder for a 492 MWh storage project under South Africa’s public BESIPPPP programme.
en_1140290950540
Scatec secures 123 MW battery storage contract in South Africa
The Norwegian group has been named preferred bidder for a 492 MWh storage project under South Africa’s public BESIPPPP programme.
en_1140290950540
Aker Solutions secures 2 GW contract for BalWin2 in Germany
Aker Solutions will deliver the steel structure for an HVDC converter station for the offshore BalWin2 project developed by Amprion Offshore, under a contract valued at up to NOK2.5bn ($228mn).
en_1140290949540
Aker Solutions secures 2 GW contract for BalWin2 in Germany
Aker Solutions will deliver the steel structure for an HVDC converter station for the offshore BalWin2 project developed by Amprion Offshore, under a contract valued at up to NOK2.5bn ($228mn).
en_1140290949540

Syria signs $7bn energy deal with foreign partners

Syria has signed a $7bn agreement with a consortium of companies from Qatar, Turkey and the United States to rebuild its national power sector.
EU and UK carbon prices stall pending regulatory clarification
European and UK carbon markets paused this week as participants await clarity on future integration of both emissions trading systems.
en_1140290954540
EU and UK carbon prices stall pending regulatory clarification
European and UK carbon markets paused this week as participants await clarity on future integration of both emissions trading systems.
en_1140290954540
Sweden enforces tighter controls on Russian ships in the Baltic Sea
The Swedish government will implement new disclosure rules for foreign vessels, specifically targeting tankers linked to Russia’s hard-to-trace oil fleet.
en_1140290961540
Sweden enforces tighter controls on Russian ships in the Baltic Sea
The Swedish government will implement new disclosure rules for foreign vessels, specifically targeting tankers linked to Russia’s hard-to-trace oil fleet.
en_1140290961540
Iran targeted by resolution plan after secret nuclear activities revealed
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
en_1140290960540
Iran targeted by resolution plan after secret nuclear activities revealed
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
en_1140290960540

Arctech to deliver 175 MW of solar trackers for hydrogen project in Oman

Chinese supplier Arctech will equip a green hydrogen project in Duqm with 175 MWp of solar trackers, marking a milestone in the industrial energy development of Oman’s coastal region.
Australia falling behind in low-carbon hydrogen despite recognised global potential
With 80% of its projects still in early stages, Australia struggles to realise its hydrogen ambitions, according to Wood Mackenzie, which warns of lost competitiveness against Europe and the Middle East.
en_1140290959540
Australia falling behind in low-carbon hydrogen despite recognised global potential
With 80% of its projects still in early stages, Australia struggles to realise its hydrogen ambitions, according to Wood Mackenzie, which warns of lost competitiveness against Europe and the Middle East.
en_1140290959540
TotalEnergies and RGE secure key licence to export 1 GW of electricity to Singapore
Singa Renewables receives Singaporean approval to import Indonesian solar electricity, marking a strategic step forward in a regional project led by TotalEnergies and RGE.
en_1140290958540
TotalEnergies and RGE secure key licence to export 1 GW of electricity to Singapore
Singa Renewables receives Singaporean approval to import Indonesian solar electricity, marking a strategic step forward in a regional project led by TotalEnergies and RGE.
en_1140290958540
Waaree secures 586 MW solar deal in the US worth $176mn
Indian manufacturer Waaree has signed a $176mn solar module supply agreement with a US-based independent power producer, marking a key step in its industrial presence in the United States.
en_1140290957540
Waaree secures 586 MW solar deal in the US worth $176mn
Indian manufacturer Waaree has signed a $176mn solar module supply agreement with a US-based independent power producer, marking a key step in its industrial presence in the United States.
en_1140290957540

REPT BATTERO to deliver 2.5GWh of storage systems to Hyosung Heavy Industries

The agreement signed in Seoul between REPT BATTERO and Hyosung Heavy Industries provides for the supply of 2.5GWh of energy storage systems aimed at strengthening their joint position in the global market.
Biogases could meet 25% of global natural gas demand, says IEA
A new report by the International Energy Agency identifies significant untapped potential in biogas and biomethane, hindered by regulatory and economic barriers.
en_1140290943540-17-2
Biogases could meet 25% of global natural gas demand, says IEA
A new report by the International Energy Agency identifies significant untapped potential in biogas and biomethane, hindered by regulatory and economic barriers.
en_1140290943540-17-2
Siemens and RIC Energy join forces to develop synthetic fuels in Spain
RIC Energy and Siemens have signed an agreement to develop industrial projects in Spain focused on renewable hydrogen, green ammonia and e-fuels, including technical solutions and financing mechanisms.
en_1140290961540-13
Siemens and RIC Energy join forces to develop synthetic fuels in Spain
RIC Energy and Siemens have signed an agreement to develop industrial projects in Spain focused on renewable hydrogen, green ammonia and e-fuels, including technical solutions and financing mechanisms.
en_1140290961540-13
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Verdagy will supply hydrogen to Mainspring Energy to power a linear plant in Moss Landing, with operations expected to begin by summer 2025.
en_1140290943540-19
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Verdagy will supply hydrogen to Mainspring Energy to power a linear plant in Moss Landing, with operations expected to begin by summer 2025.
en_1140290943540-19

Solveo Energies deploys dynamic agrivoltaic system on apricot orchard

Solveo Energies has inaugurated an experimental agrivoltaic system in the Pyrénées-Orientales, combining solar power production and crop protection on a farm facing drought conditions.
European Energy launches e-methanol production and posts strong results
European Energy has begun commercial e-methanol production in Denmark and reported an EBITDA of €45.9mn, while accelerating its international expansion, particularly in Australia.
en_1140290959540-16
European Energy launches e-methanol production and posts strong results
European Energy has begun commercial e-methanol production in Denmark and reported an EBITDA of €45.9mn, while accelerating its international expansion, particularly in Australia.
en_1140290959540-16
Grenergy to invest €3.5bn to strengthen its storage assets by 2027
Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.
en_1140290946540-16
Grenergy to invest €3.5bn to strengthen its storage assets by 2027
Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.
en_1140290946540-16
CIP sells 25% stake in offshore wind project in the Philippines to ACEN
Copenhagen Infrastructure Partners sells a minority stake in its 1 GW project to ACEN to accelerate its development ahead of upcoming energy auctions planned by the Philippine government.
en_1140290947540-16
CIP sells 25% stake in offshore wind project in the Philippines to ACEN
Copenhagen Infrastructure Partners sells a minority stake in its 1 GW project to ACEN to accelerate its development ahead of upcoming energy auctions planned by the Philippine government.
en_1140290947540-16

SAFc Connect aims to boost SAF market as EU regulation hinders short-term growth

While corporate demand for sustainable aviation fuel increases, European regulatory rigidity limits short-term investment prospects. SAFc Connect seeks to streamline transactions.
Cnooc plans dry dock for its LNG bunker barge in July
Cnooc will immobilise its Hai Yang Shi You 301 barge in July, temporarily reducing LNG bunkering capacity in China, where only five units handle supply.
en_1140290957540-16
Cnooc plans dry dock for its LNG bunker barge in July
Cnooc will immobilise its Hai Yang Shi You 301 barge in July, temporarily reducing LNG bunkering capacity in China, where only five units handle supply.
en_1140290957540-16
Petrobras signs two agreements in Angola to relaunch its offshore activities
Brazilian group Petrobras formalises its return to Angola with two memorandums of understanding signed with Sonangol and the national oil regulator, targeting offshore exploration without immediate financial commitment.
en_1140290956540-16
Petrobras signs two agreements in Angola to relaunch its offshore activities
Brazilian group Petrobras formalises its return to Angola with two memorandums of understanding signed with Sonangol and the national oil regulator, targeting offshore exploration without immediate financial commitment.
en_1140290956540-16
Agip secures rights over OPL 245 after key court ruling in Nigeria
The Abuja Court of Appeal rejected Malabu Oil & Gas’s lawsuit against Agip, Eni’s subsidiary, by upholding the statute of limitations on the OPL 245 oil block case.
en_1140290945540-16
Agip secures rights over OPL 245 after key court ruling in Nigeria
The Abuja Court of Appeal rejected Malabu Oil & Gas’s lawsuit against Agip, Eni’s subsidiary, by upholding the statute of limitations on the OPL 245 oil block case.
en_1140290945540-16

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS