Australia 's Macquarie announced plans to raise AUD1bn ( $ 672 m ) via a share offer to institutional investors , followed by a second one open to existing investors only , which could raise between AUD300 m and AUD600 m . Macquarie said the fund would be invested in renewable energy , infrastructure and infrastructure . The move surprised analysts , as it came three months after Macquarie reported excess capital of AUD5bn , prompting speculation about the strength of its investors .
Australia's Macquarie Group plans to raise AUD1bn ($672m) via a share offer to institutional investors, followed by a second one open to existing investors only, which could raise between AUD300m and AUD600m. Macquarie said the funds would be invested in renewable energy, infrastructure and technology. The move surprised analysts, as it came three months after Macquarie reported excess capital of AUD5bn, prompting questions about the strength of its position.