Macquarie Asset Management has announced an up to $US325 million investment in Atlas Agro Holding AG (Atlas Agro) and affiliated project entities via the Macquarie GIG Energy Transition Solutions (MGETS) fund. AtlasAgro is building industrial scale green nitrogen fertilizer plants in the US and Latin America which will utilize green hydrogen in its production process, in lieu of conventional nitrogen fertilizer production utilizing fossil fuels. The investment is expected to assist the company in realizing its vision of providing a sustainable alternative to conventional fossil-fuel based fertilizer products, which contribute heavily to greenhouse gas (GHG) emissions. Other than Macquarine Bank Limited ABN 46 008 583 542 (“Macquaria Bank”), any Macquaria Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). If this document relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
