Macquarie’s Green Investment Group (GIG) has launched Cero Generation, a specialist solar energy company with an 8GW portfolio of projects located across Europe.
The company will specialise in the delivery of utility-scale projects, onsite generation and integrated storage, and will work across the project lifecycle, from development through construction and into operations.
It has 150 projects located in the UK, Italy, Spain, Poland, France and the Netherlands and a team of over 40 staff led by chief executive Nikolaj Harbo.
Cero said its ground mounted, utility-scale projects offer strategic and financial investors opportunities to acquire ready-to-build, or fully commissioned, high-quality, high-performance solar generation assets.
“The launch of Cero Generation marks an important milestone in GIG’s ambition to create Europe’s leading solar development company,” said Edward Northam, Head of GIG for the UK and Europe.
“An agile, flexible, development-focused business, backed by the global expertise, resources and reach of GIG, Cero is the perfect vehicle to propel us forward to the next stage of that journey.”
Harbo added: “In just two years, GIG created one of Europe’s largest solar development portfolios and assembled a world-class team of experts.
“Our ambition is to continue on this phenomenal growth trajectory, transforming Cero into Europe’s leading solar energy company, and helping deliver the continent’s net-zero ambition.”