---
title: "Macquarie Group's Asset Management Unit Buys UK's Island Green Power for Undisclosed Sum"
description: "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 speciali"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/238689540.md"
published_at: "2025-05-04T23:06:09.000Z"
---

# Macquarie Group's Asset Management Unit Buys UK's Island Green Power for Undisclosed Sum

> 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.

Macquarie Group's asset management arm now fully owns Island Green Power in the UK after buying an additional 50% stake in the renewable energy firm for an undisclosed amount, according to a May 2 statement.

Island Green Power focuses on utility-scale solar and battery energy storage system projects. Macquarie Asset Management first invested in Island Green Power in 2022, per the statement.

Island Green Power's founders will retain full ownership of the company's international business. In the UK, the company said it will transition into an independent power producer from a pure development business.

### Related Stocks

- [MQBKY.US - Macquarie Group](https://longbridge.com/en/quote/MQBKY.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Macquarie Group Ceases to Be Substantial Holder in Elsight Limited | Macquarie Group Limited has formally notified that it has ceased to be a substantial holder in Elsight Limited, indicati | [Link](https://longbridge.com/en/news/271743394.md) |
| Fresh Data Tilts Markets Into Rate-Cut Camp, But Fed's December Move Not Guaranteed, Macquarie Says | Weak economic reports have led markets to expect a Federal Reserve rate cut in December, but strong data in the next two | [Link](https://longbridge.com/en/news/267569834.md) |
| ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports | Feb 20 (Reuters) - ConocoPhillipsis exploring a sale of some of its Permian Basin assets as part of a broader streamlini | [Link](https://longbridge.com/en/news/276478732.md) |
| IronBridge Private Wealth LLC Has $905,000 Holdings in Apple Inc. $AAPL | IronBridge Private Wealth LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 77.3% in Q3, holding 3,555 shares valued  | [Link](https://longbridge.com/en/news/276436345.md) |
| Rocket Lab Corporation $RKLB Stock Holdings Increased by Vanguard Group Inc. | Vanguard Group Inc. increased its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 5.4% in Q3, owning 41.8 million share | [Link](https://longbridge.com/en/news/276451972.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.