Macquarie Capital and MET Development (MetDev), the project-development subsidiary of MAIRE, have agreed to launch a platform aimed at developing, constructing and operating energy-transition projects in Italy and across Europe.
The platform is intended to act through a newly incorporated holding company controlled by Macquarie Capital (80 percent) and participated by MetDev (20 percent). The new company would combine MAIRE’s ability to deliver complex projects in the energy transition, combining its technologies, engineering and project development capabilities with Macquarie’s specialist expertise in financing global infrastructure and green-energy projects.
The platform is expected to focus on key sectors ranging from the chemical recycling of waste to produce sustainable fuels and hydrogen, to green or low-carbon hydrogen and captured carbon-dioxide solutions, including fertilizers. Projects are likely to be based on a non-recourse capital structure, relying up