Macquarie Raises $1.1 Billion to Invest in U.K. Power Projects
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Macquarie Group Ltd. raised 739 million pounds ($1.1 billion) for its infrastructure fund to invest in U.K. low-carbon power projects.
The money is for the inflation-linked Macquarie Infrastructure Debt Fund, the bank said in an e-mailed statement on Monday. It’s raised a total of 2.5 billion pounds and channeled 342.5 million pounds into ground-mounted and rooftop solar projects and U.K. onshore winds farms. The fund started in March last year, according to the company’s website.