London | Macquarie Group-backed finance start-up Rela will become one of Britain’s biggest managers of renewable energy leases as it expands to the United Kingdom with blue-chip backing to help farmers monetise hosting solar and wind projects on their land.
Macquarie Asset Management and Oaktree Capital Management are helping bankroll the Australian company’s UK venture as they seek long-term returns, giving both landholders and energy companies certainty of Rela’s financial health.
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