Macquarie Infrastructure Partners (MIP) is aiming to kickstart the sale of waste management company Wheelabrator’s power plants in the UK in September, two sources with knowledge of the matter said.” MIP, which operates within the Macquarie Infrastructure and Real Assets division (MIRA) of Australia’s Macquarie Group , is using investment banks JP Morgan and Credit Suisse to help handle the sale of four plants that produce renewable energy from waste in Wales, Kent and Yorkshire. Advisors will circulate confidential information packages to potential buyers to undertake due diligence checks on the business, which sources value at more than $600 million, in early September, the sources added. […] MIRA has $129 billion of assets under management and invests in infrastructure assets including toll roads, airports, utilities and renewables. […] The assets are likely to attract the interest of private equity, infrastructure and pension funds, keen to capitalise on the steady returns that renewables generate.
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