Macquarie Capital launches platform for LNG infrastructure projects

Macquarie Group’s investment arm Macquarie Capital has launched WaveCrest Energy, a platform to develop, construct, own and operate liquefied natural gas (LNG) infrastructure projects.

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

With technical and operational expertise, along with physical commodity solutions, WaveCrest will provide a complete set of LNG project solutions to accelerate market adoption and deliver LNG projects.

It also has capabilities to integrate activities across the LNG value chain, including gas supply, liquefaction, LNG supply, regasification, power generation, and downstream services.

WaveCrest CEO Rob Bryngelson said: “Global energy demand growth, coupled with an increasing focus on climate change, positions natural gas as a key energy source in the transition to a low-carbon energy future.

“WaveCrest is designed to bring natural gas to underserved markets around the world through innovative and flexible LNG projects, delivering a cleaner fuel source for both existing and incremental needs.”

Initially, Macquarie Capital intends to focus on developing, growing LNG market in Latin America and Asia.

It will also seek to establish and increase market demand for natural gas by offering greater access to low-cost fuel source, which also has less carbon emissions compared to coal and other fuel oils.

Macquarie Capital senior managing director Nicholas Gole said: “We are excited to partner with a proven management team, with a track record of delivering innovative, industry-first solutions, to support global energy security and further enable the energy transition in developing markets around the world.

“Macquarie will lend its insights and capabilities across various aspects of energy infrastructure to help WaveCrest serve its customers and deliver on its goals.”