Macquarie Asset Management to acquire Galehead Development from Galehead Founders for $20m.

Macquarie Asset Management, a global asset manager, integrates across public and private markets, agreed to acquire Galehead Development, a renewable energy development platform, from Galehead Founders, for $20m. “We are excited to increase our investment in Galehead. We believe that US renewables continue to play a crucial role in today’s power demand-driven market. This transaction provides MAM with enhanced access to an attractive pipeline, well-positioned to meet the growing energy needs of data centers and industrial load customers,” Peter Zhu, Macquarie Asset Management Green Investments Managing Director.