Macquarie-led consortium completed the acquisition of Reden Solar from InfraVia and Eurazeo for €2.5bn.

Macquarie, an Australian multinational independent investment bank and financial services company, British Columbia Investment, an investment management services provider, and MEAG, an investment management company, completed the acquisition of Reden Solar, a solar power plants developer, from private equity firms InfraVia and Eurazeo, for €2.5bn. "We have been extremely pleased to accompany Reden Solar during this development phase. This success proves our strategy right based on a strong sector conviction on renewable energy, an excellent management team and a disciplined buy-and-build approach. We have provided the group with a comprehensive set of resources that have paved the way for Reden Solar’s transformation into a fully integrated platform and a leading European independent solar power producer. The group is now focused on large and stable high growth markets, with a strong track-record and a sizable pipeline. We are convinced that this Macquarie led consortium will continue the development of Reden Solar with the management team," Vincent Levita, InfraVia Founder and CEO.