Macquarie Asset Management Acquires 50% of Enel Green Power Hellas

Macquarie Asset Management to Acquire 90% Stake in Apex Energies Group

November 19, 2021

Renewable Energy

Macquarie Asset Management, via its Macquarie Green Investment Group Renewable Energy Fund 2, has entered exclusive negotiations to acquire a 90% equity interest in French solar developer and operator Apex Energies Group from a consortium of investors. Apex, which develops, builds and operates rooftop and ground-mounted solar projects across France and also provides energy-efficiency and monitoring services through subsidiaries ORA and S4E, will support Macquarie’s expansion of its renewable energy platform in France.

Macquarie Asset Management Acquires 49.9% Stake in Hydro Rein

June 24, 2024

Renewable Energy

Macquarie Asset Management has completed a US$332 million investment to acquire a 49.9% stake in Hydro Rein from Hydro (Norsk Hydro), with the stake held by the Macquarie Green Energy and Climate Opportunities Fund. The investment will finance Hydro Rein's 8.4 GW renewable project pipeline across the Nordics and Brazil and support expansion of renewable solutions for industrial decarbonization.

Macquarie Asset Management-led consortium to acquire further 20% stake in National Gas

July 19, 2023

Energy

A consortium led by Macquarie Asset Management has agreed to acquire an additional 20% equity interest in National Gas from National Grid, taking the consortium's total ownership to 80%. The deal, on equivalent terms to the original January 2023 transaction, is subject to regulatory clearance and is expected to complete in the second half of 2023; the consortium also holds an option to acquire the remaining 20% between May and July 2024.

Macquarie Asset Management Acquires 40% Stake in Open Fiber from Enel

August 5, 2021

Telecommunications

Macquarie Asset Management has finalised an agreement to acquire a 40% equity interest in Open Fiber from Enel for €2.12 billion, while CDP Equity will hold the remaining 60% following Enel’s full exit. Open Fiber operates Italy’s largest FTTH network (over 12 million households passed) and the investment will support the company’s continued rollout of ultrafast broadband across Italy; completion was expected in Q4 2021 subject to regulatory approvals.

Macquarie Asset Management Acquires Remaining 20% of National Gas

July 26, 2024

Energy

Macquarie Asset Management, via a consortium of its managed equity and funds, has exercised its option to acquire the remaining 20% equity stake in National Gas from National Grid, giving the consortium 100% ownership. The move secures full control to support National Gas’s operation of the UK gas transmission network and accelerate future initiatives such as hydrogen network development and other decarbonisation projects.

Macquarie Asset Management Acquires Majority Stake in DynaGrid Holdings

February 20, 2025

Engineering Services

Macquarie Asset Management has acquired a majority stake in DynaGrid Holdings, LLC, a Dallas‑headquartered provider of transmission and substation construction, maintenance and upgrade services for U.S. electric utilities. The deal is the first investment for Macquarie Asset Management's new buyout strategy focused on high-quality businesses serving infrastructure end markets and will be led by Andrew Olinick.