EnergyWatch

Macquarie joins with venture firm to target infrastructure

Australian bank Macquarie is looking to spot the next big thing in energy and infrastructure innovation and is therefore teaming up with a New York-based venture firm.

Photo: Mark Lennihan/AP/POLFOTO

Macquarie Group Ltd. is teaming up with a New York-based venture firm to spot the next big thing in energy and infrastructure innovation.

The Australian bank will provide specialist knowledge and possibly financial backing for the project with R/GA Ventures, according to a statement Wednesday.

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