Macquarie completed the acquisition of a 50% stake in Island Green Power.

Macquarie, a global financial services group, completed the acquisition of a 50% stake in Island Green Power, a UK-based renewable energy developer. Financial terms were not disclosed. “With Macquarie’s support to further accelerate our growth ambitions, we are well-positioned alongside our investment partners to play a leading role in the energy revolution and deliver long-term energy security. Macquarie’s expertise in the renewable energy sector will also be instrumental in supporting the development of our current and future solar and battery projects. We look forward to partnering with Macquarie through the next phase of our growth," Ian Lawrie, Island Green Power CEO.