Macquarie Asset Management, DESRI, and the D. E. Shaw group have announced the completion of a significant minority investment by MAM in DESRI through several MAM-managed funds. DESRI is known for developing, owning, and operating utility-scale solar, wind, and battery storage projects across the United States. This investment aims to support DESRI's growth and solidify its position in the renewable energy market.
William Demas, Head of Macquarie Asset Management Green Investments in the Americas, stated: “This represents an important milestone in our partnership with DESRI to expand access to renewable energy.” He expressed optimism about working with stakeholders to strengthen energy infrastructure nationwide.
David Zwillinger, Chief Executive Officer of DESRI, remarked: “I’m excited for DESRI’s continued growth, and I look forward to our partnership with Macquarie accelerating that growth.” He acknowledged the efforts of the D. E. Shaw group and the DESRI team over the past decade in building a strong foundation.
DESRI focuses on developing long-term contracted renewable energy assets in the U.S., currently managing 70 solar and wind projects totaling over ten gigawatts of capacity.
The D. E. Shaw group is a global investment firm with more than $65 billion in capital as of December 2024. The firm is recognized for its innovative investing approach and risk management expertise.
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