Macquarie Group's (ASX:MQG) Macquarie Asset Management (MAM) division completed a minority investment in renewable energy firm DESRI, aimed at expanding its access to renewable energy, the companies said in a joint statement Monday.
The investment, made through several MAM-managed funds, will support DESRI's expansion in the utility-scale solar, wind, and battery storage sectors across the US, the companies said.
Shares of Macquarie Group rose nearly 1% in recent Tuesday trade.
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