Macquarie Group

Founded in 1969, Macquarie Group is a global provider of banking, financial, advisory, investment, and funds management services. It offers a diversified range of services to clients across industries such as resources, energy, financial institutions, infrastructure, real estate, and more. With over 13,000 employees in 28 countries, Macquarie had assets under management of $US359 billion as of September 2013.

Steve Berry

Division Director, Fund Capital

Greg Callman

Senior Managing Director

Devin Davis

Managing Director and Head of Digital and Demand Generation, Macquarie Group

William Demas

Senior Managing Director and Head of Americas, Green Investment Group

Nick Donovan

Vice President, ECM and Corporate Brokerage

James Dyckhoff

COO, Chairman, Operating Committee and Public Investments Executive Committees Member

Stephan Feilhauer

Senior Vice President

Matthew Fiore

Managing Director - Software and Services Americas

Eric Hallstein Ph.D

Managing Director

Larry Handen

Senior Managing Director

Catalina Hayata

Managing Director and Head, LATAM Private Credit

Florian Herold

Group Head, Principal Finance

R. John Hughes

Executive Director and Head of Principal

Kevin Hwang

Managing Director, Principal Investing

Karl Kuchel

CEO

Frank Kwok

Senior Managing Director and Head of Infrastructure, Asia-Pacific

Nathan Luckey

Managing Director, Macquarie Infrastructure and Real Assets

Shawn Lytle

Global Head of Macquarie Investment Management and President of Delaware Funds

Sean McCarthy

Managing Director, North American Telecommunications, Media and Technology (TMT)

Doug Meador

Senior Managing Director

Henry Middleton

Head, Wealth Distribution for Europe, the Middle East, Africa and Asia and Managing Director

Anton Moldan

Senior Managing Director

Kevin Nobels

Managing Director, Infrastructure and Energy Capital

Sam Southall

Managing Director

Paul Su

Senior Managing Director and Chairman of Greater China, Macquarie Capital

Don Trent

Senior Managing Director

Heather Wachtler

Senior Vice President

Past deals in Utilities

DynaGrid Construction Group

Acquisition in 2025
Founded in 2008, DynaGrid specializes in construction foundation services for the utilities market. Headquartered in Lewisville, Texas, the company offers a range of services including rock drilling, slurry drilling, micro piles, erosion control, substation pads, and duck bank system installation.

TAG Pipelines Sur

Secondary Market in 2025
TAG Pipelines Sur is a Mexico City-based company that specializes in the design, engineering, and construction of gas pipelines. The company focuses on the development and operation of infrastructure that facilitates the distribution of natural gas throughout Mexico. By providing comprehensive pipeline solutions, TAG Pipelines Sur supports its clients in efficiently delivering natural gas across the national territory.

Linea Energy

Debt Financing in 2024
Linea Energy is a company focused on accelerating the transition to renewable energy by providing essential infrastructure for clean energy production. It specializes in the development of wind, solar, and storage grids, emphasizing efficient project execution and innovative solutions. By managing interconnection queues and facilitating offtake agreements and project financing, Linea Energy enables clients to achieve a quicker and more effective shift to sustainable energy sources. The company's commitment to efficiency and innovation positions it as a key player in the renewable energy sector.

National Gas

Secondary Market in 2024
National Grid operates in the gas transmission and metering business. National Gas is comprised of two organisations – National Gas Transmission and National Gas Metering. National Gas Transmission will own and operate the UK’s 7,600km-long National Transmission System (NTS). It will continue to ensure the safe, reliable and affordable transportation of the gas needed to heat homes, fuel industry and generate electricity. National Gas Metering will provide industry-leading maintenance and management services for over 7 million domestic, industrial and commercial gas meters.

Southern Water Services

Private Equity Round in 2023
Southern Water Services Limited is a private utility company based in Worthing, United Kingdom, providing essential water supply and wastewater services in the southeast of England. The company supplies drinking water to approximately 2.5 million people through a vast network comprising 13,870 kilometers of mains, 91 water treatment works, and 188 service reservoirs. Southern Water also manages wastewater services for about 4.6 million individuals, treating and recycling 717 million liters of wastewater daily at 365 treatment facilities, facilitated by a network of 3,243 pumping stations and 39,594 kilometers of sewers. The company sources nearly 70 percent of its water from underground aquifers, 23 percent from rivers, and 7 percent from storage reservoirs. In addition to its core services, Southern Water offers property search information services, primarily catering to business customers and property developers. Incorporated in 1989, the company is a subsidiary of SWS Holdings Limited.

Enel Green Power Hellas

Secondary Market in 2023
Enel Green Power Hellas is a fully-owned subsidiary of Enel Green Power.

National Gas

Secondary Market in 2023
National Grid operates in the gas transmission and metering business. National Gas is comprised of two organisations – National Gas Transmission and National Gas Metering. National Gas Transmission will own and operate the UK’s 7,600km-long National Transmission System (NTS). It will continue to ensure the safe, reliable and affordable transportation of the gas needed to heat homes, fuel industry and generate electricity. National Gas Metering will provide industry-leading maintenance and management services for over 7 million domestic, industrial and commercial gas meters.

Suez's - UK waste business

Acquisition in 2022
Suez's - UK waste business provides environmental services market in the region.

National Gas

Acquisition in 2022
National Grid operates in the gas transmission and metering business. National Gas is comprised of two organisations – National Gas Transmission and National Gas Metering. National Gas Transmission will own and operate the UK’s 7,600km-long National Transmission System (NTS). It will continue to ensure the safe, reliable and affordable transportation of the gas needed to heat homes, fuel industry and generate electricity. National Gas Metering will provide industry-leading maintenance and management services for over 7 million domestic, industrial and commercial gas meters.

Apex Energies

Acquisition in 2021
Apex Energies is an independent producer of green energy, recognized as a pioneer in solar photovoltaic technology. Based in Montpellier, the company specializes in developing, owning, and operating solar power plants, including isolated sites and solar water heaters, throughout France and its overseas departments. Apex Energies focuses on reconciling photovoltaic development with environmental and societal challenges, offering a comprehensive range of services that encompass the design, engineering, construction, financing, and maintenance of solar energy systems. By providing these solutions, the company enables its clients to reduce their energy bills and minimize their carbon footprints, positioning itself as a leader in the renewable energy market.

Form Energy

Series D in 2021
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.

Open Fiber

Secondary Market in 2021
Open Fiber S.p.A. is a telecommunications company based in Italy, jointly owned by Enel S.p.A. and CDP Equity S.p.A. The company specializes in the wholesale market for optical fiber infrastructure, focusing on the implementation, management, and maintenance of fiber optic networks. Utilizing Fibre to the Home technology, Open Fiber provides high-speed internet connections that are both efficient and reliable. This infrastructure enables customers across all Italian regions to access advanced digital services, promoting greater connectivity in an increasingly digital world. The company is committed to delivering competitive pricing and swift deployment of its services.

Connected Energy

Venture Round in 2021
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

Vesper Energy

Debt Financing in 2020
Vesper Energy specializes in developing utility-scale renewable energy projects, focusing on solar photovoltaic (PV) and energy storage systems. With a development pipeline of over 3 GW of solar capacity and 2.5 GWh of energy storage, the company aims to create high-quality, sustainable energy solutions that contribute to a healthier, more carbon-free future.

Form Energy

Series C in 2020
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.

Multifuels Midstream Group

Acquisition in 2020
Midstream Group is a provider of many forms of energy infrastructure. multiFUELS has expertise and experience dealing with various forms of pipeline transmission, gathering, storage, transportation and processing facilities across multiple forms of energy.

UON

Venture Round in 2019
UON Pty Ltd specializes in designing, supplying, installing, and managing remote power and water solutions tailored for the resources and industrial sectors in Australia and the Asia-Pacific region. The company offers a range of power products, including energy motor controllers for dewatering, diesel generators, and remote monitoring solutions, alongside an extensive array of water equipment such as dewatering pontoons, skid pumps, and water management systems. In addition to its product offerings, UON provides support services that encompass monitoring, reporting, operator training, and parts maintenance. Established in 1998 and headquartered in Perth, Australia, UON Pty Ltd was formerly known as Power Proving Services Pty Ltd before rebranding in 2010. The company is recognized as a reliable provider of comprehensive solutions for the mining and resources industry.

Form Energy

Series B in 2019
Form Energy, Inc. is a company focused on developing long-duration energy storage systems aimed at transforming the electric grid by enabling the reliable use of renewable energy sources such as wind and solar. Established in 2017 and based in Somerville, Massachusetts, Form Energy is known for its innovative iron-air battery technology, which allows for the storage of electricity over extended periods, making renewable energy more dispatchable throughout the year. This technology not only helps to replace conventional fossil fuel-based generation but also enhances transmission capacity without the need for new infrastructure. By facilitating deep decarbonization of the electric system, Form Energy plays a significant role in reducing carbon emissions and promoting a sustainable energy future.

PTSG

Acquisition in 2019
PTSG PLC specializes in the maintenance, inspection, testing, repair, and installation of permanent facade access equipment, fall arrest systems, and lightning protection systems. They also provide services for fixed wire and portable appliance testing, as well as high-level cleaning.

Connected Energy

Venture Round in 2019
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

Connected Energy

Venture Round in 2018
Connected Energy Ltd, founded in 2010 and based in Newcastle upon Tyne, United Kingdom, specializes in energy storage solutions by utilizing recycled electric vehicle batteries through its innovative E-STOR technology. This system allows businesses to convert used car batteries into energy storage systems, enabling them to store excess energy for later use. Connected Energy's offerings include software and services that enhance load management, optimizing efficiency and cost savings across various sectors, including healthcare, education, industrial, retail, and utilities. The company has established a diverse client base and operates systems across the UK, Belgium, Germany, and the Netherlands, with capacities ranging from 60 kW to 1.2 MW, and plans for larger installations in the future. As a subsidiary of Future Transport Systems Ltd, Connected Energy aims to commercialize the research and development conducted by its parent company.

Advanced Microgrid Solutions

Series B in 2017
Advanced Microgrid Solutions (AMS) specializes in designing, installing, and managing advanced energy storage systems for commercial, industrial, and government buildings. Based in San Francisco with offices across the U.S., AMS deploys large networks of battery systems in buildings to lower energy costs for consumers and support the electric grid. The company's AI-powered software, SigmaOne, optimizes energy trading and maximizes the value of renewables and energy storage assets. AMS also offers microgrid solutions, enabling clean energy access for households, businesses, and communities. Founded in 2013, AMS operates as a subsidiary of Fluence.

Endeavor Energy Holdings

Acquisition in 2017
Endeavor Energy Holdings, LLC is an independent power project company based in Houston, Texas, established in 2013. The company specializes in developing and investing in power generation facilities across Africa, with a focus on integrated fuel-to-power projects, including LNG-to-power and LPG-to-power initiatives. Endeavor Energy operates a diverse portfolio of power generation plants, encompassing thermal, hydroelectric, biomass, waste-to-energy, and hybrid technologies. Led by an experienced management team with a strong track record in project development and acquisition, the company is well-equipped to identify and execute opportunities that enhance value for its investors. With substantial financial backing from Denham Capital, Endeavor Energy demonstrates significant capability in facilitating power distribution and advancing energy projects throughout the African continent.

Aquilon Energy Services

Series B in 2017
Aquilon Energy Services, Inc. is a software company based in Houston, Texas, specializing in solutions for the wholesale energy sector. The company offers an online platform known as the Energy Settlement Network, which facilitates bilateral settlements and connects various participants in the energy market. This platform enables users to efficiently manage and settle large volumes of direct power and natural gas transactions with their counterparties. Key features of the platform include real-time collaboration, automated processing of hourly and daily transactions, tools for resolving disputes, and a dedicated service center providing online resources and tutorials. Founded in 2012, Aquilon Energy Services combines expertise from technology and energy industries to deliver reliable, innovative solutions tailored to the complex demands of energy trading.

Cleco Corporation

Acquisition in 2014
Cleco Corporation is a public utility holding company. The Company owns a regulated electric utility company, Cleco Power LLC, which is engaged principally in the generation, transmission, distribution and sale of electricity primarily in Louisiana. Cleco Power owns 11 generating units with a total nameplate capacity of 3,340 megawatts. Cleco Power serves approximately 284,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi.

Eagle Creek Renewable Energy

Venture Round in 2013
Eagle Creek Renewable Energy, LLC specializes in the development, ownership, and operation of small-scale hydroelectric power projects across North America, delivering clean energy to various electricity consumers. Founded in 2010 and headquartered in Morristown, New Jersey, the company operates hydroelectric facilities in states including Illinois, Michigan, Minnesota, New York, Wisconsin, and Vermont. In addition to its core operations, Eagle Creek provides operations, maintenance, regulatory, repair, and overhaul services to its own facilities and other hydroelectric plants, particularly in the Midwest. The firm serves a diverse clientele, including public utilities, governmental agencies, and private power producers, and is committed to enhancing the efficiency and sustainability of its renewable energy projects.

Energetics

Debt Financing in 2013
Energetics is a multi utility business in the UK which designs, owns and operates ‘last mile’ electricity and gas connections servicing residential and commercial customers.

Energetics

Private Equity Round in 2013
Energetics is a multi utility business in the UK which designs, owns and operates ‘last mile’ electricity and gas connections servicing residential and commercial customers.

Enel OGK-5

Private Equity Round in 2012
Enel OGK-5 is one of the leading Russian wholesale producers of power and heat. The company was established in 2004 within the framework of the reforms in the Russian power industry aimed at creation of an effective competitive market and attraction of private investment into the sector. Enel OGK-5 was the first of the six wholesale power generation companies to be registered and access equity capital markets. Today, Enel OGK-5 is a dynamically developing company which is headquartered in Moscow and has four production branches around Russia: in the Ural region - Reftinskaya GRES, Sredneuralskaya GRES, in the northern Caucasus - Nevinnomysskaya GRES, and in Central Russia - Konakovskaya GRES. The aggregate installed capacity of the company is 9 677 MW for power and 2 382 GCal/h for heat. The company provides power and heat to both industrial enterprises and household consumers via local power distribution networks.

KSK Power Venture

Private Equity Round in 2008
KSK Power Venture is a power project development company based in Hyderabad, India, specializing in the development, ownership, operation, and maintenance of power generation assets. Founded in 2001, the company operates primarily in two segments: project development and power generation. Its portfolio includes several operational power plants, such as the KSK Mahanadi Power plant in Chhattisgarh, which has a capacity of 3,600 megawatts, as well as various other coal, lignite, and natural gas-based plants across India. KSK Power Venture supplies electricity to industrial consumers and state-owned enterprises, focusing on capitalizing on growth opportunities within the Indian power sector. In addition to its core power generation activities, the company also explores natural and mineral resources and engages in investment and financing activities.
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