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Macquarie completed the acquisition of a 50% stake in Enel Green Power Hellas from Enel for $381m.

Synopsis

Macquarie, a financial services group, completed the acquisition of a 50% stake in Enel Green Power Hellas, Enel's renewable subsidiary in Greece, from Enel, a manufacturer and distributor of electricity and gas, for $381m. Following the transaction’s closing, EGP and Macquarie Asset Management set up a joint venture to co-manage Enel Green Power Hellas’ current renewable generation portfolio alongside continuing to develop its project pipeline.

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