Green Investment Group to acquire Savion.

Macquarie’s Green Investment Group agreed to acquire Savion, one of the largest utility-scale solar and energy storage project development companies in the United States. Financial terms were not disclosed. “We are extremely excited about this next chapter and for our team to have the opportunity to continue its project development focus in the rapidly growing solar sector and the emerging energy storage technology market. The backing from Macquarie’s Green Investment Group provides a strong financial footing to ensure successful projects, enabling our team to pursue the mission of electricity grid diversification,” Rob Freeman, Savion CEO.