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Showing 1 - 10 of 33 results for "Green energy"

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... from FY23. This decline was mainly due to reduced asset realisations in green investments and ongoing development of green energy portfolio companies in MAM. Meanwhile, market-facing activities managed by Macquarie Capital and most CGM businesses saw ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
UniSuper announced it has committed up to US$400 million (AU$623 million) to the Macquarie Green Energy and Climate Opportunities Fund (MGECO). MGECO is an open-ended fund that invests in large scale, mature sustainable technologies to support the transition ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... for the December 2023 quarter, impacted by fewer asset realisations and continued investment in the development of green energy portfolio companies. The group's market-facing divisions, including Commodities and Global Markets and Macquarie Capital ...

Uniseed partners with major Aussie universities

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... support innovative developments in future industries such as biotechnology, pharmaceuticals, quantum computing, and green energy. Additionally, Uniseed said the move, which increases the number of research partners in the fund to 10, broadens its investible ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... benefits of our existing business Savant Energy and our wind energy assets, we'll be able by 2025, to transmit green energy throughout the country and create many new jobs for people," Baird said.

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... asset sales. It said net operating income was substantially down, mainly due to lower investment related income from green energy investments, with asset realisations predominately expected in the second half of FY24. Further, the decrease was driven ...

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... Shemara Wikramanayake said the drop in profits was influenced by a reduction in investment related earnings from green energy projects in its asset management division. Macquarie Capital, the group's investment banking division, also saw a reduction ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
Private markets buoyed Macquarie Asset Management (MAM), but the green energy sector dragged its performance in the year to March 2023. MAM saw funds under management of $870.8 billion rise 10% year on year but failed to replicate this growth across ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... been appointed as an external advisor to the ART investment committee. Debelle also serves as a director at global green energy company Fortescue Future Industries and previously chaired the climate change working group of the Australian Council of Financial ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... continued growth in BFS - FY23 YTD net profit contribution significantly down on FY22 YTD primarily due to larger green energy sector asset realisations in MAM in the prior corresponding period." Macquarie explained the dip was partially offset by continued ...
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