Three years back, Australian investment bank Macquarie faced heavy public criticism and even exclusion for its complicity in the European cum-ex dividend tax scam – a scandal that also made the bank's green infrastructure investor, Green Investment Group (GIG), faux pas for several partners including Ørsted, which, after completing a major farm-down sale of an offshore wind farm to the bank, said it would suspend further collaboration for the time being.
Now it seems Macquarie can handle its own projects – also in the Danish power utility's backyard. A month back, GIG announced plans to team up with Norwegian companies Vårgrønn and Agder Energi to submit a joint tender bid to develop Norway's Sørlige Nordsjø II. Now GIG involves itself even further in regional offshore development by purchasing a rights for the Kattegatt project 15 kilometers off Sweden's western coast.
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