Macquarie's Asset Management Division Provides Financing to European Renewable Energy Power Provider

MT Newswires Live12-19

Macquarie Group's (ASX:MQG) Macquarie Asset Management division provided 420 million euros of debt financing to independent power producer Nadara, according to a Wednesday statement from the group.

In 2022, Macquarie Asset Management provided 100 million euros of debt financing to Renantis, which merged with Ventient Energy this year to form Nadara, per the statement.

Shares of the financial services group fell past 1% at market close Thursday.

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