Macquarie Group's Asset Management Unit Buys UK's Island Green Power for Undisclosed Sum
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Macquarie Group's asset management unit has acquired full ownership of Island Green Power in the UK by purchasing an additional 50% stake for an undisclosed amount. This renewable energy firm specializes in utility-scale solar and battery energy storage projects. Macquarie first invested in Island Green Power in 2022. The company's founders will maintain ownership of its international operations, while Island Green Power will shift to an independent power producer in the UK.
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