Macquarie Asset Management to Invest Up to $1.73 Billion in D.E. Shaw Renewable Investments
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Dow Jones
By Sabela Ojea
Macquarie Asset Management has acquired a significant minority stake in the operator of renewable energy projects D.E. Shaw Renewable Investments.
The global asset manager on Tuesday said it is making an investment of up to $1.73 billion to enable D.E. Shaw's and its energy transition platform to continue growing.
The transaction is subject to closing conditions, including regulatory approvals.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
September 24, 2024 11:45 ET (15:45 GMT)
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