Macquarie Asset Management Acquires 50% Stake in Last Mile Infrastructure Group from Infracapital
December 20, 2023
Macquarie Asset Management (via Macquarie European Infrastructure Fund 7) has acquired a 50% stake in Last Mile Infrastructure Group from Infracapital, with Infracapital retaining the remaining 50%. Last Mile, one of the UK’s largest independent network owners that designs, builds, owns and operates last-mile electricity, gas, water and wastewater networks, will benefit from the partnership to support growth and energy-transition opportunities across the UK. The transaction remains subject to regulatory approvals.
- Buyers
- Macquarie Asset Management (Macquarie European Infrastructure Fund 7), Infracapital (M&G Plc) -- retained 50% stake
- Targets
- Last Mile Infrastructure Group
- Sellers
- Infracapital
- Industry
- Utilities
- Location
- Scotland, United Kingdom
- Transaction Type
- Recapitalization
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