Energy Partnership: Hydro Rein and Macquarie for Industrial Renewal

Written by Corporativo

Published on 01/11/2023 at 16:02

Hydro Rein employer brand photos

Be the first to react!

Hydro Rein and Macquarie Asset Management Join Forces, Leveraging Renewable Energy for Industrial Sectors

The merger between Hydro Rein and Macquarie Asset Management marks a new chapter in the history of renewable energy. The recent agreement stipulates that Macquarie acquires a significant 49.9% stake in Hydro Rein, one of the leaders in the renewable energy sector under the Hydro umbrella.

A Leap Toward Sustainability

The pact between the two giants brings forth a joint venture, where Hydro retains a majority stake of 50.1%. Macquarie’s strategy to invest substantial $332 million to secure its position in Hydro Rein values the company at an impressive $333 million, according to data from June 30, 2023. With the capital injection from Macquarie, the future looks promising for Hydro Rein, which aims to self-finance its ventures.

This is not the first time the two companies have collided. They already have a proven track record of successful collaboration on wind projects, including a prominent wind farm under construction in Northeast Brazil. Through power purchase agreements, this farm will significantly contribute to Hydro’s renewable energy efforts.

ARTICLE CONTINUES BELOW

Heading Toward a New Horizon

It is important to mention that all of Hydro Rein’s assets in countries such as Brazil, Denmark, and Sweden, as well as all its energy solutions projects, will be part of this joint venture. The transaction is pending regulatory approvals and is expected to be finalized in the second quarter of 2024.

Both Hydro Rein and Macquarie Asset Management share a unique vision focused on a greener future. Macquarie, for example, manages around €536 billion in assets globally and is part of the Macquarie Group, with more than 20,500 dedicated professionals in 34 markets.

The future of renewable energy looks bright with this partnership, and the world is watching.

Source: Renata Grieco – inpresspni.

Energy Partnership: Hydro Rein and Macquarie for Industrial Renewal

Hydro Rein and Macquarie Asset Management Join Forces, Leveraging Renewable Energy for Industrial Sectors

A Leap Toward Sustainability

Heading Toward a New Horizon

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Empty containers coming from China are crowding U.S. ports, taking up space for new cargo and creating a logistical paradox where farmers need boxes while thousands of them remain idle near the sea.

New phone with a giant 8,000 mAh battery, promising up to three days away from the charger and military-grade durability, is launched by Realme in India; meet the Realme 16T.

Poland cut the Vistula Peninsula to no longer depend on the Russian passage in the Baltic Sea, but the billion-dollar canal inaugurated in 2022 still faces shallow lagoon, low cargo ship traffic, and the need for constant dredging to function as a commercial route.

Chinese SUV arrives in Brazil for R$ 175,000 with a 1.5 turbo flex engine of 180 hp, 20-inch wheels, and 0 to 100 km/h in 7.7 seconds, but the new mechanical set becomes the big question.

What was destined for disposal can nourish crops: UFMG research transforms agro-industrial waste into sustainable fertilizer.

Energy Partnership: Hydro Rein and Macquarie for Industrial Renewal

Hydro Rein and Macquarie Asset Management Join Forces, Leveraging Renewable Energy for Industrial Sectors

A Leap Toward Sustainability

Heading Toward a New Horizon

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Scientists develop a low-cost alternative to generate green hydrogen on a large scale using an innovative chemical process; discovery could revolutionize energy infrastructure, heavy industry, and sustainable transportation systems around the world.

One of the most challenging bridges in the world is assembled in Malaysia with helicopters, prefabricated parts, and a single pillar to support the curved deck over the mountain.

China raises an alert in the military industry by producing parts for the J-20 fighter jet in a nearly human-free factory, where AI, robots, and autonomous vehicles cut more than 80% of manual labor and double efficiency.

Forget common renewable energy: HydroWing prepares a 10 MW project in Indonesia to transform ocean currents into predictable electricity, using turbines installed on the seabed in a region where the funnel effect between islands increases tidal potential.

While stadiums in Brazil need hours to cover the field, Tottenham in London transforms a 9,000-ton natural grass field into an NFL arena in just 25 minutes with unprecedented technology.

Empty containers coming from China are crowding U.S. ports, taking up space for new cargo and creating a logistical paradox where farmers need boxes while thousands of them remain idle near the sea.

New phone with a giant 8,000 mAh battery, promising up to three days away from the charger and military-grade durability, is launched by Realme in India; meet the Realme 16T.

Poland cut the Vistula Peninsula to no longer depend on the Russian passage in the Baltic Sea, but the billion-dollar canal inaugurated in 2022 still faces shallow lagoon, low cargo ship traffic, and the need for constant dredging to function as a commercial route.

Chinese SUV arrives in Brazil for R$ 175,000 with a 1.5 turbo flex engine of 180 hp, 20-inch wheels, and 0 to 100 km/h in 7.7 seconds, but the new mechanical set becomes the big question.

What was destined for disposal can nourish crops: UFMG research transforms agro-industrial waste into sustainable fertilizer.