Macquarie Asset Management promoted Ed Northam to global head of Green Investments at the start of 2026. He moves from leading the Asia‑Pacific team for four years, after a five‑year tenure running the European business. The shift places him at the helm of MAM’s flagship renewable‑energy platform as the firm eyes larger, more complex projects and to capture emerging tax incentives.

Northam warns that delivering new energy infrastructure in the United States is “without doubt getting harder and more complex.” Tightened permitting, supply‑chain bottlenecks and rising labor costs have stretched timelines, forcing developers to scale assets to achieve viable returns, and heightened stakeholder scrutiny, driving the need for robust risk management. He argues that size, not just technology, now determines which projects survive investor scrutiny.

For investors, Northam’s message translates into a push for larger, capital‑intensive portfolios that can absorb cost overruns. Macquarie’s expanded leadership signals confidence in its ability to marshal scale and navigate regulatory hurdles, potentially attracting fresh capital to a market that has seen deal values plateau. The firm’s strategy underscores that scale will dictate competitive advantage in green finance as policy frameworks evolve globally.