Macquarie Transfers Control of Green Energy Platforms
Macquarie Asset Management has moved control of its balance-sheet green energy platforms, Corio and Cero, to Macquarie Group's corporate centre. This decision comes amid growing challenges in the offshore wind sector.
"Macquarie Asset Management has handed control of its balance-sheet green energy platforms to Macquarie Group’s corporate centre amid headwinds for the offshore wind sector."
Context and Industry Challenges
The shift reflects the impact of sector difficulties on the management of offshore wind assets and signals a strategic adjustment within the firm.
Additional Notes
Access to further details is restricted.
Author’s summary: Macquarie Group reallocates its green energy projects Corio and Cero to its corporate division in response to challenges in the offshore wind market, highlighting shifts in asset management strategy.