Macquarie Group

Macquarie Capital joins White House-led initiative to improve energy efficiency, reduce emissions in the US healthcare sector

Retrieved on: 
Thursday, November 2, 2023
Inflation Reduction Act of 2022, Macquarie Group, EV, IEC, White House, IRA, FESCO, Human services, MAM, Wind, Siemens, Green Investment Group, State, CGM, Macquarie, White, Risk management, Commodity, Hospital, House, White House Office on Clean Energy Innovation and Implementation, RNG, Investment, Infrastructure, Natural gas, Renewable energy

FREDERICK, Md., Nov. 2, 2023 /PRNewswire-PRWeb/ -- Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has joined a US Government initiative to improve energy efficiency, emissions and energy resilience across the healthcare sector, with a focus on safety-net providers in economically disadvantaged communities. Macquarie Capital has committed to support up to $US300 million in renewable energy project developments for hospitals and hospital systems designated as key priorities under the initiative.

Key Points: 
  • Macquarie Capital has committed to support up to $US300 million in renewable energy project developments for hospitals and hospital systems designated as key priorities under the initiative.
  • "As a developer of both energy and healthcare infrastructure, Macquarie Capital sees significant opportunity for projects in the safety-net healthcare space that can reduce energy costs and lower emissions while providing increased resiliency and attractive returns to investors."
  • "As a developer of both energy and healthcare infrastructure, Macquarie Capital sees significant opportunity for projects in the safety-net healthcare space that can reduce energy costs and lower emissions while providing increased resiliency and attractive returns to investors," said John Pickhaver, Macquarie Capital's Head of Infrastructure & Energy Capital (IEC) for the Americas.
  • Healthcare facilities are increasingly seeking critical operational upgrades that improve the resiliency of their services while reducing their operating costs and emissions.

Instructure Signs Definitive Agreement to Acquire Parchment, the World's Largest Academic Credential Management Platform and Network

Retrieved on: 
Monday, October 30, 2023
Macquarie Group, NYSE, TAM, Acquisition, SALT, Kirkland & Ellis, Learning, Growth, University, Student, Employment, Webcast, Teaching, School, Latham & Watkins, Hand, Parchment, Friction, Tutoring, Instructure, Canvas

SALT LAKE CITY, Oct. 30, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the leading learning platform and maker of Canvas, announced today it has signed a definitive agreement to acquire Parchment. Parchment has more than 15,000 customers and has exchanged more than 165 million credentials over two decades. With this transaction, Instructure will add the world's largest academic credentialing platform and network to the Instructure Learning Platform. This acquisition is expected to significantly expand Instructure's existing customer base and unlock exciting new growth opportunities.

Key Points: 
  • SALT LAKE CITY, Oct. 30, 2023 /PRNewswire/ -- Instructure Holdings, Inc. ( Instructure ) (NYSE: INST), the leading learning platform and maker of Canvas, announced today it has signed a definitive agreement to acquire Parchment.
  • With this transaction, Instructure will add the world's largest academic credentialing platform and network to the Instructure Learning Platform.
  • "By adding Parchment to the Instructure Learning Platform, we will provide a verifiable and comprehensive digital passport of achievement records and outcomes for learners.
  • Together we expand the Instructure platform for existing customers, welcome new Parchment customers and open new pathways for growth with multiple new solution categories."

Renewi plc: Response to Rule 2.8 termination announcement from Macquarie Asset Management

Retrieved on: 
Friday, October 27, 2023
Capital market, Policy, Development, FOR, EBITDA, UK Municipal Bonds Agency, NOT, EBIT, The Takeover Code, COVID, Macquarie Group, CPP Investment Board, ROCE, Soil, Recycling, Security (finance), Renewi, Macquarie

As a result, Macquarie is bound by the restrictions set out in Rule 2.8 of the Takeover Code.

Key Points: 
  • As a result, Macquarie is bound by the restrictions set out in Rule 2.8 of the Takeover Code.
  • The Board carefully assessed this Revised Proposal with its advisers and also considered the recent feedback it had received from Renewi shareholders.
  • The Board rejected this Revised Proposal on the basis that it continued to fundamentally undervalue Renewi and its prospects.
  • However, the price level of the Revised Proposal did not provide a basis to provide Macquarie with access to due diligence.

Norsk Hydro: Positioning for the long-term, navigating challenging markets

Retrieved on: 
Tuesday, October 24, 2023
Shanghai Metals Market, JV, Hydroelectricity, APM, EV, Bauxite, Government, Family, United Auto Workers, EBITDA, PAX, Injection, Carbon, Wind, Norwegian State Educational Loan Fund, Maintenance, UAW, EBIT, Social, Growth, Mercedes-Benz, Macquarie Group, Plant, Partnership, EUR, Share repurchase, CO2, LME, Recycling, USD, Investment, EU, NOK, Risk management, Renewable energy, Lithium, Financial services, Extrusion, Macquarie

Global demand has remained weak for residential building and construction, and industrial segments, while demand for automotive has been more stable.

Key Points: 
  • Global demand has remained weak for residential building and construction, and industrial segments, while demand for automotive has been more stable.
  • Within Hydro Extrusions and recycling, we are using our production flexibility and adaption abilities to maneuver in weaker markets,” says Aasheim.
  • Hydro’s improvement program has progressed significantly during the quarter and commercial ambitions are ahead of the target for 2023.
  • The 2024 Norwegian national budget proposal, revealed on October 6, surprised with significant changes to industrial and power development conditions.

Norsk Hydro: Hydro Rein and Macquarie Asset Management become partners to develop more renewable energy for industries

Retrieved on: 
Tuesday, October 24, 2023
Nordea, JV, Q&A, Albras, Telenor, Energy, CPS, Wind, Acquisition, Electricity, Nordic, Macquarie Group, Partnership, Telecommunications, CO2, GW, USD, Professional, The Hague, Orangi Pilot Project, ABG Sundal Collier, Renewable energy, Cryptocurrency

Macquarie Asset Management has signed an agreement with Hydro relating to the future acquisition of 49.9 percent of Hydro’s renewable energy company Hydro Rein.

Key Points: 
  • Macquarie Asset Management has signed an agreement with Hydro relating to the future acquisition of 49.9 percent of Hydro’s renewable energy company Hydro Rein.
  • Through the agreement, Hydro and Macquarie Asset Management will form a joint venture (JV) where Hydro will own the remaining 50.1 percent of the company.
  • Macquarie Asset Management intends to invest equity of USD 332 million to obtain a 49.9 percent ownership of Hydro Rein.
  • The transaction is a further demonstration of the successful and complementary partnership that Hydro Rein and Macquarie Asset Management have built over many years.

Macquarie Capital joins White House-led initiative to improve energy efficiency, reduce emissions in the US healthcare sector

Retrieved on: 
Friday, October 20, 2023
Professional Services, White House, Federal Government, Health, Environmental Health, Other Energy, Hospitals, Public Policy, Government, Environment, Energy, Finance, Sustainability, Macquarie Group, EV, IEC, Healthcare Facilities Accreditation Program, Human services, IRA, FESCO, MAM, Wind, United, Siemens, Green Investment Group, State, CGM, Risk management, Commodity, White House Office on Clean Energy Innovation and Implementation, Hospital, White, RNG, Investment, Infrastructure, Natural gas, Capital, Renewable energy

Macquarie Capital , the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has joined a US Government initiative to improve energy efficiency, emissions and energy resilience across the healthcare sector, with a focus on safety-net providers in economically disadvantaged communities.

Key Points: 
  • Macquarie Capital , the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has joined a US Government initiative to improve energy efficiency, emissions and energy resilience across the healthcare sector, with a focus on safety-net providers in economically disadvantaged communities.
  • Macquarie Capital has committed to support up to $US300 million in renewable energy project developments for hospitals and hospital systems designated as key priorities under the initiative.
  • “As a developer of both energy and healthcare infrastructure, Macquarie Capital sees significant opportunity for projects in the safety-net healthcare space that can reduce energy costs and lower emissions while providing increased resiliency and attractive returns to investors,” said John Pickhaver, Macquarie Capital’s Head of Infrastructure & Energy Capital (IEC) for the Americas.
  • Macquarie Capital’s IEC team is currently supporting multiple energy projects for clients, including healthcare providers, such as its investment in FESCO Energy, an energy services business that designs, implements and advises financing projects that improve energy efficiency and reduce emissions while improving resiliency for customers.

JOOR Raises $25M to Accelerate Growth and Innovation; Expand in Payments and New Categories

Retrieved on: 
Tuesday, October 17, 2023
JOOR, Climate, Sport, Macquarie Group, Luxury, Kate Spade, LVMH, Battery Ventures, Richemont, Harrods, Ecosystem, Growth, Partnership, Neiman Marcus, Stella McCartney, Lifestyle, Retail, Tourism, Tapestry, Printemps

NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- JOOR, the world’s leading digital wholesale ecosystem, today announced that it has raised $25M in new funding led by Brightwood Capital and Tamarix Capital Partners. Existing investors Macquarie Capital, Battery Ventures, and Canaan Partners also participated. This additional raise will allow JOOR to deliver an increasingly enriched platform experience in service of its extensive global network of fashion brands and retailers. Alongside new data-led initiatives, the company also plans to enhance its JOOR Pay solution, as well as expand its footprint in categories such as footwear, sports and outdoors.

Key Points: 
  • This additional raise will allow JOOR to deliver an increasingly enriched platform experience in service of its extensive global network of fashion brands and retailers.
  • Alongside new data-led initiatives, the company also plans to enhance its JOOR Pay solution, as well as expand its footprint in categories such as footwear, sports and outdoors.
  • “JOOR has a proven track record of enabling growth for world class brands and retailers,” explained Kristin Savilia, CEO of JOOR.
  • “JOOR is truly transforming the wholesale ecosystem and is poised for continued growth as they modernize every element of the wholesale process.

Electrolyte Boost Names Devon Kelley New Chief Commercial Officer

Retrieved on: 
Tuesday, October 17, 2023
Momentum, Health, Senior, Devon, MBA, Sport, Macquarie Group, AFL, Park Lane, Electrolyte, American Express, Growth, UCLA Anderson School of Management, Marketing, Associate, IMG (company), National Football League, The, Verizon Communications, Management

LOS ANGELES, Oct. 17, 2023 /PRNewswire/ -- Electrolyte Boost, a leading provider of innovative electrolyte and hydration support products, today announced the appointment of Devon Kelley as its Chief Commercial Officer. In this newly-created role, Kelley, seasoned in strategy and investment across sports, wellness and tech, will report to the company's Founder and CEO Gary Kleinman, helping advance capital raising, sales, partnerships, internal operations and overall strategy.

Key Points: 
  • LOS ANGELES, Oct. 17, 2023 /PRNewswire/ -- Electrolyte Boost , a leading provider of innovative electrolyte and hydration support products, today announced the appointment of Devon Kelley as its Chief Commercial Officer.
  • "Devon is uniquely qualified to fill multiple strategic roles for Electrolyte Boost , and his wealth of relationships will expedite our growth," said Gary Kleinman, Founder and CEO of Electrolyte Boost.
  • "I am excited to join this team on its quest to improve the hydration support, health and wellness of people across the world with the launch of Electrolyte Boost," said Kelley.
  • For more information about Mr. Kelley, check out his LinkedIn profile: Devon Kelley

Sonen Capital Announces Strategic Minority Investment From Macquarie Asset Management

Retrieved on: 
Thursday, October 5, 2023
Banking, Professional Services, Philanthropy, Sustainability, Socially Responsible Investing, Asset Management, Environment, DEI (Diversity, Equity and Inclusion), Foundation, Finance, Consulting, Environmental, Social and Governance (ESG), Macquarie Group, Capital, Investment, Growth, TV 2 Sonen 24/7, Risk management

Sonen Capital, one of the most recognized pioneering impact investment firms, today announced that Macquarie Asset Management has made a minority investment in the firm.

Key Points: 
  • Sonen Capital, one of the most recognized pioneering impact investment firms, today announced that Macquarie Asset Management has made a minority investment in the firm.
  • Sonen Capital provides impact investment and advisory services to families, foundations, institutions and advisors.
  • They are committed to integrating social and environmental impact into the investment process to deliver on clients' financial and impact goals.
  • Macquarie Asset Management’s investment will support Sonen’s strategic initiatives by bringing additional balance sheet capital to support the ongoing growth of the firm’s global impact outsourced chief investment officer (OCIO) services.

FII 7th EDITION UNITES GLOBAL LEADERS TO TACKLE HUMANITY'S GREATEST CHALLENGES

Retrieved on: 
Thursday, October 5, 2023
Health, JPMorgan Chase, LIDAR, Climate change, BlackRock, Citigroup, Public Investment Fund, Climate, Macquarie Group, Risk management, Association of British HealthTech Industries, AI, Society, Summit, Sequoia Capital, Standard Chartered, Goldman Sachs, Reliance Industries, Biotechnology, World Bank, Education, Robotics, Environment, African Rainbow Minerals, Growth, Bridgewater Associates, Longevity, Future Investment Initiative Institute, History, FII, HSBC, Acceleration, City, Renewable energy, Cryptocurrency

Themed "The New Compass," this conference will address pressing global challenges in the realms of Climate, Economy, and Technology.

Key Points: 
  • Themed "The New Compass," this conference will address pressing global challenges in the realms of Climate, Economy, and Technology.
  • The Future Investment Initiative has consistently been a catalyst for crucial discussions around the macroeconomic challenges faced by societies worldwide.
  • With over five thousand delegates in attendance, including leaders in finance, policymaking, and technology, the conference aims to foster global cooperation.
  • These include global economic stability and growth, the environment, and the acceleration of technological breakthroughs including generative AI, education and health.