Malakoff had ambitious plans to increase its portfolio by investing in Australian renewable energy business, but first they needed a local partner they could trust.
Malakoff Corporation, a division of Malaysia’s MMC Corporation Berhad, is a leading utilities and infrastructure group with diversified businesses under three divisions, namely energy & utilities, ports & logistics and engineering & construction. With projects and assets across the globe, Malakoff Corporation decided to expand to Australia to grow their portfolio.
Malakoff Corporation needed to establish an Australian entity to invest in the Macarthur Wind Farm in Victoria. They needed support to comply with Australian laws and regulations to execute the $650 million acquisition.
Acclime supported the Malakoff Corporation with an Australian Resident Director and a suite of compliance and financial services across multiple entities throughout the life cycle of their investment.
Since they helped us complete our $650 million acquisition in Victoria’s Macarthur wind farm, Acclime have been an indispensable partner in Malakoff’s expansion to grow its energy portfolio in the Australian region.
Head of International Asset & Associates
With the support of Acclime, Malakoff were able to launch their expansion into the Australian market and grow their energy portfolio in the region.