Macquarie Asset Management’s Green Investment Group (GIG) announced a $250 million investment in sustainability-focused specialty finance company Galway Sustainable Capital.
Founded in 2020 with equity from Cordillera Investment Partners, Galway invests in companies that accelerate the transition to greater resilience and sustainability, across investment themes including renewable and distributed energy, efficiency and green buildings, circular economy solutions, green transportation, sustainable food, land and water, carbon remediation, and socially responsible credit.
William Demas, Head of Green Investment Group – Americas, said:
“In order to meet the demand for energy transition and sustainability solutions over the next decade, it is critical we identify and address energy and climate solutions at the distributed scale. With its proven track-record and deep market knowledge and experience, Galway is well positioned to support the development of projects and companies seeking to rapidly accelerate the transition to net zero.”
Galway focuses on modular, distributed, and localized projects with a typical individual investment of up to $50 million. To date, the company has deployed more than $250 million across 29 individual investments.
Galway CEO Jennifer von Bismark said:
“Investing in a sustainable future is both critical and urgent. We are excited by the support of Macquarie Asset Management’s Green Investment Group, which will enable us to further our mission by providing capital to a greater number of qualified companies, developers, and projects advancing solutions to pressing problems facing our planet and society.”
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The post Macquarie Invests $250 Million in Sustainability-Focused Investor Galway appeared first on ESG Today.