GIG acquires Conergy's Asia-Pacific solar portfolio

Green Investment Group (GIG), Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from Conergy Asia & ME.

The portfolio includes solar development assets in the Asia Pacific region, commercial, technical and energy storage capabilities, and an asset monitoring centre.

As part of the acquisition, Conergy employees located in Singapore, Australia, Japan, Germany and the Philippines will join GIG, adding a team of 88 professionals with extensive experience in developing over 500MW of solar energy projects across Asia Pacific, and a total of 2GW globally. 

Alexander Lenz, CEO of Conergy, said:

“Conergy has had extensive solar experience in the Asia Pacific market and our employees have a strong reputation in the region. Given Macquarie’s green investment credentials and activity in the sector, we are excited to join Macquarie and leverage our capabilities to help accelerate Macquarie’s aspirations in solar.”

Marc Lohoff, COO of Conergy, said:

“Conergy has long been viewed as a leader in the development, construction and operation of solar projects and over time our team has been involved in the installation of 2GW of capacity globally. We see our team as a natural fit with Macquarie and its GIG platform.”