Australia’s Macquarie Green Energy and Climate Opportunities Fund has completed the acquisition of a significant portfolio of solar, wind, energy storage and natural climate solutions projects. This transaction was orchestrated by Macquarie Asset Management’s Green Investments team, highlighting an increased commitment to the renewable energy sector since 2018.
Portfolio diversity and capacity
The acquired portfolio comprises investments in companies such as Galehead Development, Treaty Oak Clean Energy, Aula Energy, Blueleaf Energy, Outer Dowsing and Forliance, spread across the Americas, Asia-Pacific and Europe. Together, these projects total over 17 gigawatts (GW) of green energy capacity in various stages of development, construction and operation. The portfolio is supported by key Macquarie Asset Management customers, including UniSuper, LGPS Central and Border to Coast Pensions Partnership.
Impact on the global energy transition
Under the leadership of Edward Northam, Head of Renewable Investments at MAM Green Investments, Macquarie has developed a diversified portfolio aimed at supporting national policies and targets for energy transition. Macquarie Asset Management, having acquired an important role in infrastructure management, and now a leading investor in the energy transition, currently supports over 90 GW of green energy projects under development.
This acquisition by the Macquarie Green Energy and Climate Opportunities Fund Group enriches its portfolio with diversified green energy projects. This marks a further step in Macquarie’s strategy to expand its presence in the renewable energy sector worldwide.