Infra funds line up for Macquarie’s smart meter sale

27 November 2020 - 12:00 am UTC

Infrastructure funds are lining up to bid for Macquarie’s UK industrial and commercial smart meters business ahead of first offers early next year.

Macquarie Energy Resources and Sustainability, part of the Australian bank’s specialised and asset finance arm, has sent out info memos (IMs) for the sale, with first bids due early next year, sources familiar with the process said.

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