Macquarie provides €100 million debt-financing to renewables group

Macquarie Asset Management has announced it has provided €100 million of debt financing to Green Bidco SpA, the controlling company of Falck Renewables SpA Group.

Falck Renewables is a developer, owner, and operator of renewable energy plants in Europe and the US, with a portfolio of 62 wind, solar, waste-to-energy, biomass, and energy storage projects, representing 1.4GW of combined capacity.

Macquarie, which has $US11.4 billion of assets, provided the funding on behalf of its institutional clients and managed funds, including the Macquarie Green Energy Debt Fund.

Alice Pulbrook, senior vice president at Macquarie Asset Management, said: “The investment represents a valuable opportunity for our clients to back the continued development of more sustainable, low-carbon energy solutions and technologies.”

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