Used by permission of RTS Wind and XceCo, © XceCo Ltd
Mike’s RTS Wind business in Middlesbrough helps ensure the turbines keep spinning and the power keeps flowing from the Lynn and Inner Dowsing offshore wind farms, in which Macquarie has been invested since 2016.
RTS Wind is just one of many local businesses at the forefront of Britain’s world-leading offshore wind industry,4 which now employs more than 32,000 people and growing.5
Together, RTS Wind and other local businesses like XceCo, the Grimsby-based manager of Lynn and Inner Dowsing, have been supporting the growth and operation of British windfarms for several years. They’ve been working with local manufacturers like APP Lifting in Doncaster and B&W Lifting in Middlesbrough who provide parts and equipment that help maintain the wind farms.
Lynn and Inner Dowsing are located 5 km off the east coast of England, by the town of Skegness in Lincolnshire. Together, these wind farms produce enough electricity to power the equivalent of more than 180,000 British homes each year.6
Our specialist offshore wind developer, Corio Generation,7 is working to develop the neighbouring Outer Dowsing offshore wind project which we are supporting alongside our partners. When built, it is expected to power the equivalent of over 1.6m British homes.8
Used by permission of XceCo, © XceCo Ltd
Macquarie is supporting the rewiring of Britain’s energy infrastructure and the production of home-grown energy to help power British homes, businesses and industry.
We’re mobilising investment to support the development, construction and operation of critical energy projects across renewables, battery storage, smart meters, and gas network infrastructure, that will contribute to Britain’s long-term energy security goals.
We’re one of the largest investors in Britain’s offshore wind sector, having helped finance projects and support infrastructure representing over 45 per cent of the UK’s operational offshore wind capacity.
We also advise local and international companies to help them raise finance or direct their investments to advance this fast-growing industry and since 2017, we have advised on 10 offshore wind transactions in the UK. An example is when we brought together a group of debt investors and acted as exclusive debt advisor to support Macquarie Green Investment Group’s acquisition of a 40 per cent stake in the East Anglia 1 offshore wind farm.
To support the growth of Britain’s independent green energy producers, ranging from waste to energy, biomass to solar operators, we’re helping them access local and international energy markets, manage price risk, and lock in future prices. This includes managing exposure to price changes in commodities, currencies, credit and equity markets.
And, to support a cost-effective energy system, we’re investing in the rollout of smart meters. Over 10 million British homes benefit from a Macquarie-owned meter, of which more than three quarters are now smart.
We also invest across Britain’s wider energy system. This includes leading a consortium to invest in National Gas, the operator of Britain’s national gas transmission system, and Cadent, which delivers gas to around 11 million customers.9
ONYX Insight
In 2024, we acquired the Nottingham-headquartered technology company ONYX Insight, which is a provider of wind turbine performance analytics and condition-based monitoring to the global wind energy industry.
Eku Energy
In 2022, we launched Eku Energy. The London-headquartered specialist battery storage business develops, builds and actively manages energy storage projects around the world to help enable a clean energy supply. It has two new projects in Basildon, Essex and Loudwater, Buckinghamshire.
Corona Energy
In 2006, we acquired an independent commercial energy supplier, Corona Energy. The Watford-headquartered company provides gas and electricity to almost 17,000 small and large business customers across the UK.10
Storegga
To help scale advanced Carbon Capture and Storage (CCS), we invested in Storegga. Launched in the UK, the independent company is developing CCS and hydrogen projects globally, including two green hydrogen projects in Scotland.
National Gas
Our investment in National Gas is supporting the safe, secure and reliable transportation of gas across Britain while preparing the National Transmission System for the future. Its pipelines carry the gas used by homes, businesses, industry, and electricity generators around the UK from St Fergus in Scotland, to Herbrandston in Wales, and Bacton in Norfolk.
Cadent
Our investment in Cadent is helping to deliver gas to 11 million homes and businesses across large parts of England and is supporting the HyNet project, the world’s first hydrogen industrial cluster in the North West of England and North Wales.
Laura, a project manager at Matrix Networks based at its Northampton headquarters, relies on Roadchef’s EV charging facilities at the Watford Gap Motorway Services on the M1 to keep her on the move while travelling between projects.
Matrix Networks is a British utilities company in which Macquarie has been invested since 2020. Like many other businesses, it is in the process of decarbonising its fleet of service vehicles to help meet the UK’s transition to zero vehicle emissions by 2035.11
Watford Gap is an iconic British motorway services. Opened in 1959, Watford Gap has hosted families, businesspeople and rock royalty like the Rolling Stones and Beatles as they have travelled across Britain.
The famous stop for travellers will now play its part in the EV revolution, with Roadchef revamping the site and installing new ultrafast charging facilities to support the transition to EVs.
In 2022, funds managed by Macquarie acquired Roadchef. It is one of the UK’s largest operators of motorway service areas, with 30 sites across the motorway network serving 52 million customers each year. While investing in its sites and facilities, we are supporting Roadchef to accelerate its roll out of fast-charging infrastructure.
Roadchef is building charging hubs that offer 350kW ultra-rapid chargers across its network, providing up to 100 miles of range to an EV in 15 minutes.
Macquarie has a dedicated team of experts helping to support Roadchef’s expansion ambitions. James Neville is part of this team, playing a key role in supporting Roadchef’s EV infrastructure roll-out programme, as well as looking to add value through strategic business planning, investment appraisal and bigger picture opportunities for the business, working alongside Roadchef’s management team.
Macquarie is a significant investor in transport infrastructure, helping to improve essential transport links across Britain.
We supported the development of the Mersey Gateway Bridge and Silvertown Tunnel, we are an investor in Aberdeen, Glasgow and Southampton airports and we are investing in Farnborough airport to help realise its ambition of becoming a hub for Britain’s aerospace industry, as well as sustainable aviation fuel.
While decarbonising its fleet of service vehicles to EVs, Matrix Networks is also supporting others to reduce their emissions by backing the roll-out of EV charging infrastructure. Matrix Networks has installed 140 EV charging points across Britain alongside its wider activities as a specialist provider of utilities services to major projects like data centres, high-rise residential buildings, and commercial, industrial and logistics hubs.
As well as investing to support the transition to EVs, we are also supporting the UK’s wider fuel industry by supplying consumers and businesses with the power they need, while supporting the shift to low-emission fuels.12 We support major UK airlines with risk management solutions on jet fuel, two of the main oil refineries with working capital financing and provide hedging for land transport clients on UK diesel fuel.
We’ve recently expanded our commodities risk management product offering to include biofuels. This has seen multiple hedges completed on biodiesel, a biofuel required in road transport, to help British companies protect adverse price moves in a volatile market.
Macquarie is a global financial services group operating in 34 markets in asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advice, access to capital and principal investment.
Our specialist green energy businesses are developing and operating the energy systems of the future and are supporting our clients and portfolio companies on their decarbonisation journeys.
We also focus on other environmental challenges.
You can learn more about our climate solutions at macquarie.com/climate
