In October 2022, Macquarie Asset Management’s Green Investment Group (GIG), through its Macquarie GIG Energy Transition Solutions fund,  acquired BayWa r.e. Bioenergy GmBH from BayWa r.e. AG for an undisclosed amount. BayWa r.e. Bioenergy GmBH operates biogas projects which provide biomethane and power to local energy companies, industrial companies and energy traders

In October 2022, Macquarie Asset Management provided €100 million of debt financing to Green Bidco, the parent company of solar developer Falck Renewables. Falck Renewables is a developer, owner, and operator of renewable energy plants in Europe and the US, with an existing portfolio of 62 wind, solar, waste-to-energy, biomass, and energy storage projects representing 1,420MW of combined capacity

In July 2022, Macquarie Asset Management’s Green Investment Group invested in Galehead Development, thus gaining access to a 6GW project pipeline.  Galehead will use the proceeds to advance work on its pipeline, expand into new markets and explore new commercial applications for its geospatial and land analytics platform. Galehead Development is the trusted greenfield renewable energy development platform for global utilities, IPPs, and Fortune 500 enterprises

In June 2022, Macquarie Asset Management’s Green Investment Group and Hydro Rein agreed to form a joint venture to build and operate Feijão, a 586MW combined wind and solar hybrid power project in northeast Brazil.  Hydro Rein will own a 49.9% stake in the project, with the Macquarie Green Investment Group Renewable Energy Fund 2 holding the remaining 50.1%

In May 2022, Macquarie Asset Management invested $215 million of capital in Inspiration Mobility Holdings, which owns Inspiration Mobility Group, the world’s first sustainable infrastructure platform exclusively dedicated to accelerating the electrification of transportation

In March 2022, Macquarie Asset Management through its Macquarie Green Investment Group Renewable Energy Fund 2, agreed to acquire a 50% stake in Island Green Power and separately agreed to acquire a stake in a ready-to-build 65MW solar project in UK, from the same. Island Green Power has developed over 1GW of renewable assets and has a combined development pipeline of 11GW

In March 2022, Macquarie Asset Management, British Columbia Investment Management Corporation and MEAG reached an agreement to acquire Reden Solar, from InfraVia Capital Partners and Eurazeo for an enterprise value of €2.5 billion. Reden Solar develops, finances, builds and operates solar power plants across Europe and Latin America, with a 762MW operational portfolio and a 15GW development pipeline

In February 2022, Macquarie Asset Management refinanced a portfolio of 365MW solar power plants in the UK owned by Vantage Solar UK. The portfolio comprises 24 ground-mounted solar PV plants located across England and Wales

Macquarie Asset Management’s Real Assets division manages more than $146.4 billion of equity across its infrastructure, renewables, and natural assets platforms. With a portfolio that spans 167 portfolio companies, 16GW of renewable energy assets and 4.7 million hectares of farmland in Brazil and Australia. Its global team consists of over 2,000 people operating across 33 countries

The firm’s latest open fund, Macquarie GIG Energy Transition Solutions is an infrastructure core fund managed by Macquarie Infrastructure and Real Assets. The fund is targeting $2 billion that will go beyond the wind and solar and towards the earlier stage investments in the energy transition spectrum. The vehicle is targeting a net IRR of 13-15%

Access Capital Partners, Allianz Capital Partners, APG Group, British Columbia Investment Management, Costa Group, GIC (Singapore), Goldman Sachs Merchant Banking Division, PFA Pension, PGGM, The ATP Group are some of the institutional investors who invest along with MIRA