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Lazard Advisory: Macquarie Group to Acquire Stake in D.E. Shaw Renewable Investments

Macquarie Group has announced plans to acquire a minority stake in D.E. Shaw Renewable Investments (DESRI), signaling a significant expansion in its renewable energy portfolio.

The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns the main entrance. PHOTO: File Photo
The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns the main entrance. PHOTO: File Photo

The agreement involves an investment of up to $1.73 billion, aimed at boosting DESRI’s growth and reinforcing its market-leading position.

DESRI is a prominent player

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