Green Investment Group, part of the Macquarie Group, has acquired a solar development portfolio from Conergy Asia.
The portfolio incorporates solar development assets in the Asia Pacific region, commercial, technical and energy storage capabilities, and an asset monitoring centre.
Some 88 Conergy employees will join GIG as a result of the acquisition – adding solar expertise and bringing the group’s global team to over 300, according to GIG.
Macquarie Capital executive Neil Arora said: “We are pleased to enhance our solar energy capabilities from development through to design, engineering, procurement and delivery management, to build on Macquarie Capital’s solar energy track record across Asia Pacific.”
Conergy chief executive Alexander Lenz said Conergy had extensive solar experience in the Asia Pacific market and its employees had “a strong reputation” in the region.
Image: Pixabay
GIG lights on Asia
By EBS