Macquarie Asset Management makes equity commitment to sustainable infrastructure platform Inspiration Mobility Group

Macquarie Asset Management, in line with its global energy transition strategy, has announced an investment in Inspiration Mobility Holdings, which owns Inspiration Mobility Group (“Inspiration”), the world’s first sustainable infrastructure platform exclusively dedicated to accelerating the electrification of transportation. Inspiration partners with businesses to finance, own, and operate the real assets that enable the electric vehicle (EV) transition. As a result of this investment, Macquarie Asset Management has appointed a representative to Inspiration’s Board of Directors.

Inspiration’s leadership team combines over 75 years of fleet leasing experience with innovators in the energy, finance and mobility sectors. For fleet businesses across all segments, including taxi and for-hire-vehicles, car share, car rental, subscription, last-mile delivery, service fleets, corporate fleets, and others, Inspiration provides a simple and complete solution.

“We are excited to be investing in Inspiration and partnering with them in their mission to support corporate fleet operators in reducing reduce their carbon footprint and lowering their operating costs,” said Chris Leslie, Global Head of Sustainability at Macquarie Asset Management. “This transaction underscores our commitment to seeking investment opportunities in the next phase of energy transition -- beyond core renewables like wind and solar. To achieve our ambitious net zero goals, we must focus on the development of sustainable infrastructure like fleet electrification, energy storage and green hydrogen.”

This investment leverages the recent integration of the Green Investment Group into Macquarie Asset Management, which accelerates an already market leading global capability to hasten the transition to net zero and deliver positive impact for everyone. 

“Now more than ever, fleets need a fully integrated partner to help ease their transition to electric. The combination of our team, our operating structure and flexible capital offers a single, integrated solution for fleets looking to overcome the costs and complexities of electrification,” said Josh Green, Founder & CEO of Inspiration. “This new capital will enable us to accelerate the transition to clean, electric fleets that reduce costs for our customers while playing a major role in reducing greenhouse gas emissions.”

Macquarie Asset Management joins global infrastructure company Ferrovial, S.A., as a new investor alongside existing lead investor ArcLight Capital Partners, LLC (together, with its affiliates, “ArcLight”). 

Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia).  The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.  Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.  In addition, if this press release relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.