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In May 2022, the Ontario Teachers' Pension Plan Board (Ontario Teachers') announced a partnership with Corio Generation, a specialist offshore wind business launched by Macquarie's Green Investment Group. This collaboration aimed to develop an initial portfolio of up to 9 gigawatts of offshore wind projects across South Korea, Taiwan, Japan, Ireland, and the UK, with Ontario Teachers' committing up to US$1 billion in development capital.
Parties
Company
Ontario Teachers' Pension Plan
Company
Macquarie Group Ltd
Deal Type
Financing/InvestmentIndustry
EnergyTransaction
$ 1,300,000,000Deal Status
ActiveClosing Date