Macquarie Asset Management Acquires Galehead Development; Integrates Team into Treaty Oak Clean Energy

Macquarie's Green Investment Group Invests in Galehead Development

July 18, 2022

Renewable Energy

Macquarie Asset Management’s Green Investment Group (GIG) has completed a growth investment in Galehead Development, a US-based renewable energy development platform. The capital will strengthen Galehead’s balance sheet and capabilities, enabling the company to advance roughly 6 GW of early- to mid-stage solar, wind and storage projects, enter new markets and expand commercial applications for its LandCommand platform.

Macquarie GIG Acquires BayWa r.e. Bioenergy GmbH

October 31, 2022

Renewable Energy

Macquarie Asset Management's Green Investment Group (GIG), via its Macquarie GIG Energy Transition Solutions fund, has acquired BayWa r.e. Bioenergy GmbH from BayWa r.e. AG. The specialist biogas platform owns five operational biomethane plants in Germany and a development pipeline in Italy; GIG said it will grow the business across Germany, Italy and other European markets.

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.

RWE Clean Energy Acquires 599 MW of Solar and Storage Projects from Galehead Development

May 20, 2024

Renewable Energy

RWE Clean Energy acquired three development-stage renewable energy projects totaling 599 MW (solar and battery storage capacity) from Galehead Development, LLC. The assets — Cedar Ridge (Idaho, solar + storage), Remington (Oregon, standalone BESS) and Champlain (New York, solar) — expand RWE's footprint in the Pacific Northwest and New York and add development-stage capacity to its U.S. pipeline.

Macquarie Asset Management Acquires DTG Recycle

December 1, 2022

Environmental Services

A fund managed by Macquarie Asset Management has completed the acquisition/recapitalization of DTG Recycle from Clairvest and other shareholders. DTG management (CEO Tom Vaughn and Chief Development Officer Dan Guimont) will retain ownership stakes and continue to run the business as MAM supports the company’s next stage of growth and geographic expansion across the Pacific Northwest.

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.