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New Deal


Announced

Completed

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

Financials

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Transaction Value£2,300m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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renewable energy projects

lending

National Agency

United Kingdom

Private

Completed

Friendly

Single Bidder

Acquisition

Majority

Private Equity

Synopsis

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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.

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