GIG buys offshore wind rights in Swedish waters

Macquarie's renewable energy affiliate swims deeper into Scandinavian waters by acquiring development rights for an offshore wind project set to commission in 2024.

Der er flere havvindparker på vej på den anden side af Anholt. | Photo: Jens Dresling

BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Three years back, Australian investment bank Macquarie faced heavy public criticism and even exclusion for its complicity in the European cum-ex dividend tax scam – a scandal that also made the bank's green infrastructure investor, Green Investment Group (GIG), faux pas for several partners including Ørsted, which, after completing a major farm-down sale of an offshore wind farm to the bank, said it would suspend further collaboration for the time being.

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