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Macquarie Asset Management to Invest Up to $US1.725 Billion in D. E. Shaw Renewable Investments

Sep 24, 2024over 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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