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Macquarie Asset Management to Invest Up to $US1.725 Billion in D. E. Shaw Renewable Investments
Sep 24, 2024•over 1 year ago
Contract Type
agreement
New YorkEnergyRenewable EnergySolarBiomass Energy
Description
Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in D. E. Shaw Renewable Investments (DESRI) via a number of MAM-managed funds. This investment of up to approximately $US1.725 billion is intended to enable DESRI to continue its growth and enhance its market-leading position.
Company Information
Company
D. E. Shaw Renewable Investments
Location
New York, New York, United States
About
D. E. Shaw Renewable Investments is a leading renewable energy company that develops, owns, and operates utility-scale solar, wind, and battery storage projects throughout the United States.
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