Macquarie
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Press Releases
Macquarie’s Green Investment Group invests in North American utility-scale storage developer esVolta
JANUARY 19, 2021 — Macquarie’s Green Investment Group (GIG) today announced that it will make an investment in esVolta, a developer and owner of utility-scale energy storage projects across North America. The investment will support the continued North American expansion of esVolta and finance its portfolio of over 600 MWh of contracted energy storage projects, […]
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News
Construction Begins on New Gas Plant in Alberta
Macquarie Capital and a handful of other development sponsors announced they have successfully closed financing for the C$1.5 billion ($1.2 billion U.S.) Cascade Power Project, a 900-MW combined cycle natural gas-fired generating plant near Edson, Alberta. The new facility (Figure 1), expected to meet more than 8% of the province’s average demand for power, will […]
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Renewables
E.ON to Spin Off Its Power Generation Business
E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]
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