Macquarie Group Ltd (ASX: MQG) is featured almost daily in the press but one article that grabbed my attention today was the appointment of Greg Callman as Macquarie Capital's global head of energy technology.
The Australian Financial Review and Bloomberg reported the appointment and noted Greg's previous experience working for Elon Musk at Tesla Inc (NASDAQ: TSLA) with a focus on energy storage and mobility technologies.
Why is this appointment interesting?
Well, it comes on the back of Macquarie's $9.5 billion investment in renewable energy projects in FY 2018. Macquarie has been betting big on this global trend and the appointment of a seasoned executive in this area could reap big rewards for them and their investors.
Macquarie's shares were up 3% this morning.
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