Macquarie, through Macquarie Asset Management’s infrastructure platform and vehicles such as Macquarie European Infrastructure Fund 5 (MEIF5), acts as a long‑term owner and developer of essential infrastructure and energy transition assets, with a strong focus on Europe. MEIF5 is part of the Macquarie European Infrastructure Fund series managed by Macquarie Infrastructure and Real Assets (now within Macquarie Asset Management), which invests in large-scale infrastructure businesses across sectors including energy, utilities, digital infrastructure, transport and social assets. The series has grown into one of the largest Europe‑focused infrastructure fund families, with successive vintages increasing in size and contributing to Macquarie’s position as a leading infrastructure investment manager in EMEA by assets under management.[16][3]
In 2017, a Macquarie‑led consortium comprising Macquarie Group Limited, MEIF5 and Universities Superannuation Scheme acquired the UK Green Investment Bank from the UK Government for £2.3 billion and rebranded it as the Green Investment Group (GIG).[4] Under Macquarie ownership, GIG became Macquarie’s primary vehicle for principal investment in green projects in the UK and Europe, consolidating Macquarie’s existing regional principal investment activities into a specialist green platform. The Green Investment Group has been one of Europe’s largest teams of green energy investment specialists, active across project finance, development, construction, investment and asset management, and has led or co‑led investments in technologies such as offshore and onshore wind, energy efficiency, bioenergy, energy from waste, low‑carbon transport, solar, tidal energy and energy storage.[4][12]
MEIF5 also targets digital and network infrastructure, illustrated by its acquisition of Polish fibre‑to‑the‑home and cable operator INEA, positioning the company as a core regional telecommunications infrastructure provider.[8] Across these activities, Macquarie’s consortium and fund structures channel institutional and pension capital into long‑life infrastructure and renewable energy assets that support decarbonisation, connectivity and resilient utility and transport networks, particularly in the UK and wider European markets.[3][4][12][16]