Macquarie Asset Management’s Green Investment Group (GIG) has invested $250 million in Galway Sustainable Capital, a specialty finance company that invests in companies, projects and assets with the goal of accelerating the energy transition and deploying sustainability and resiliency-focused solutions globally.
The investment was made via the Macquarie Green Investment Group Energy Transition Solutions (MGETS) fund, a core infrastructure fund with a fundraising target of $2 billion managed by Macquarie Infrastructure and Real Assets.
Galway Sustainable Capital is focused on modular, distributed, and localized projects with a typical individual investment of $50 million or less. Founded in 2020 with equity from Cordillera Investment Partners, Galway provides flexible, full-stack capital solutions to support companies, developers and sponsors that are accelerating the transition to environmental and social sustainability.
Galway has deployed more than $250 mill