Onshore renewables
14 August 2018
Green Investment Group (GIG), Macquarie Capital’s global green investment platform, today announced the acquisition of a significant solar development portfolio from Conergy Asia & ME (“Conergy”). The portfolio includes solar development assets in the Asia Pacific region, commercial, technical and energy storage capabilities, and an asset monitoring centre.
As part of the acquisition, Conergy employees located in Singapore, Australia, Japan, Germany and the Philippines will join GIG, adding a team of 88 professionals with extensive experience in developing over 500 MW of solar energy projects across Asia Pacific, and a total of 2 GW globally. The acquisition increases GIG’s global team to over 300 people and reinforces Asia as a centre of excellence for GIG and Macquarie’s global solar platform.
Neil Arora
Head of Macquarie Capital for Asia and the Middle East
Daniel Wong
Global Co-Head of Infrastructure and Energy for Macquarie Capital
Alexander Lenz
CEO of Conergy
Marc Lohoff
COO of Conergy
As GIG reaches its one year anniversary under Macquarie’s ownership, the business has expanded in scope and scale, and is now one of the world’s leading green energy investors. GIG is a global business with teams located in Asia, Europe and the Americas, specialising in activities ranging from early stage development through to construction, and operations in all major renewable technologies.
Since 2010 the combined Macquarie and GIG businesses have invested or arranged over £15bn in over 200 projects across 20 countries. The team is currently developing a pipeline of over 7 GW of renewable energy projects, with a number of projects achieving financial close in recent weeks - including the 128 MW Formosa offshore wind farm in Taiwan, the 200 MW Canadian Breaks onshore wind farm in Texas and a 235 MW onshore wind farm in Vasternorrland, central Sweden.
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