Macquarie Group and USS completed the acquisition of UK GIB for €2.7bn.

Macquarie Group and Universities Superannuation Scheme completed the acquisition of UK Green Investment Bank, a specialist in green infrastructure principal investment, from the UK government for €2.7bn. “This transaction has enabled USS to acquire a portfolio of high-quality renewable energy assets on behalf of our members. The assets include offshore wind projects and a portfolio of renewable loans, illustrating our capability to invest across the capital structure,” Mike Powell, USS Head of Private Markets.