{"id":161368,"date":"2022-03-03T10:20:00","date_gmt":"2022-03-03T02:20:00","guid":{"rendered":"https:\/\/splash247.com\/?p=161368"},"modified":"2022-03-03T16:42:17","modified_gmt":"2022-03-03T08:42:17","slug":"macquaries-gig-to-launch-new-dedicated-offshore-wind-business","status":"publish","type":"post","link":"https:\/\/splash247.com\/macquaries-gig-to-launch-new-dedicated-offshore-wind-business\/","title":{"rendered":"Macquarie\u2019s GIG to launch new dedicated offshore wind business"},"content":{"rendered":"\n<p>Macquarie\u2019s Green Investment Group (GIG) is set to launch a new specialist offshore wind business in April with a project pipeline of over 15 GW.<\/p>\n\n\n\n<p>Named Corio Generation (Corio), the new company will operate on a standalone basis and take projects from origination, through development and construction, and into operations. The company will be headquartered in the UK, with offices in London and Edinburgh. Corio will continue the development of GIG\u2019s existing portfolio, which includes previously announced projects in the UK, Europe, Taiwan, Korea, and Australia. The business will also explore opportunities to enter the Americas, GIG said.<\/p>\n\n\n\n<p>Corio will combine GIG\u2019s expertise in financing and structuring major renewables projects with its growing bench of offshore wind development and technology experts. Over 100 staff will be transferred into the new business as it commences operations and it should continue to recruit more staff in the coming year.<\/p>\n\n\n\n<p>The company will be led by Jonathan Cole, who will join Corio as CEO after more than a decade as leader of Iberdrola\u2019s offshore wind business. Samuel Leupold, who is currently Green Investment Group\u2019s chairman of Offshore Wind Energy, will also join Corio as chair.<\/p>\n\n\n\n<p>&#8220;I believe that Corio will play a significant role in accelerating the deployment of offshore wind around the world. From day one, we will be able to work with partners, suppliers and investors to deliver a major project pipeline that will not only provide vast quantities of clean affordable electricity but will also support thousands of green jobs,&#8221; said Jonathan Cole, incoming CEO of Corio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macquarie\u2019s Green Investment Group (GIG) is set to launch a new specialist offshore wind business in April with a project pipeline of over 15 GW. Named Corio Generation (Corio), the new company will operate on a standalone basis and take projects from origination, through development and construction, and into operations. The company will be headquartered &hellip;<\/p>\n","protected":false},"author":1003,"featured_media":161372,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[70,60,2341],"tags":[203,2394,107],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Macquarie\u2019s GIG to launch new dedicated offshore wind business - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/macquaries-gig-to-launch-new-dedicated-offshore-wind-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macquarie\u2019s GIG to launch new dedicated offshore wind business - Splash247\" \/>\n<meta property=\"og:description\" content=\"Macquarie\u2019s Green Investment Group (GIG) is set to launch a new specialist offshore wind business in April with a project pipeline of over 15 GW. 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