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Investors - JUNE 12, 2023

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Macquarie’s GIG backs Galway Sustainable Capital with $250m investment

by Kali Persall

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

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