Macquarie Capital launches LNG project development platform

2/23/2021

Macquarie Capital, the corporate advisory and principal investing arm of Macquarie Group , said it had launched a platform to develop and operate LNG infrastructure projects.

The platform, called WaveCrest Energy, will deliver project financing, construction and operation solutions for regasification, power and downstream LNG infrastructure assets.

WaveCrest Energy will initially focus on Latin American and Asian markets, helping enable a switch to natural gas, Macquarie Capital said.

Macquarie Capital has more than $25 billion in infrastructure projects under construction or development.

(Reporting by Nina Chestney; Editing by Edmund Blair)