• Macquarie Asset Management provides €420 million debt financing to Nadara, a top independent power producer (IPP) in Europe.
• Nadara operates 200+ renewable assets with 4.3 GW capacity and a 14 GW development pipeline.
• This deal expands Macquarie’s previous €100 million investment in Renantis (now part of Nadara).

Macquarie Asset Management, on behalf of its institutional clients, has finalized approximately €420 million in debt financing for Nadara, one of Europe’s largest independent renewable power producers.

Nadara oversees a diverse portfolio of wind, solar, biomass, and energy storage assets across Europe and the U.S., with a combined installed capacity of 4.3 GW and a development pipeline of 14 GW. In 2023 alone, its global solar and wind assets prevented 1.5 million tCO2e of greenhouse gas emissions.

The company was formed in 2024 from the merger of Ventient Energy and Renantis, establishing itself as the largest non-utility IPP in Europe. Macquarie had previously invested €100 million in Renantis in 2022, and this new financing represents an expansion of that commitment.

Strategic Growth in Renewables

Alice Pulbrook, Senior Vice President at Macquarie Asset Management, emphasized Macquarie’s continued support:

“Since our initial investment in the business in 2022, it has been a pleasure to witness the growth of the company into a leading renewables IPP. We are delighted to continue to support Nadara as it delivers on its ambition to provide the energy solutions critical to creating a more sustainable energy system.”

Macquarie Asset Management’s Credit division, a global credit platform managing approximately €205 billion in assets, has €35 billion in private credit investments. The private credit market is experiencing strong growth, with total assets projected to rise from US$1.7 trillion to US$2.8 trillion globally by 2028. Renewable energy is playing an increasingly crucial role in infrastructure debt, with annual investments in the sector expected to grow at 7%.

Follow ESG News on LinkedIn