Macquarie acquires new North America power business

Macquarie Cook Power, has signed an agreement to buy the wholesale electric marketing and trading business of Chicago-based utility Integrys Energy Group before the end of Q2 this year.

"The Integrys portfolio is particularly attractive for our energy markets activities in North America," says Nicholas O'Kane, executive director and global head of Macquarie's energy markets division. "It expands our volumes and penetration across a number of major power markets on the continent, making us even m