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Australian Firms Plan $38 Billion U.K. Infrastructure Spend

  • Macquarie, AustralianSuper and Lendlease among investors
  • Projects will include offshore wind farms and new homes
Offshore wind turbines in Teesside, U.K.

Offshore wind turbines in Teesside, U.K.

Photographer: Ian Forsyth/Bloomberg
Updated on

Australian investment firms including Macquarie Group Ltd. and AustralianSuper are planning to invest 28.5 billion pounds ($38 billion) in U.K. infrastructure projects in the coming years. 

Projects include offshore wind farms, new homes, and urban regeneration works across the country, according to a statement issued by Downing Street on Wednesday after a U.K.-Australia investment meeting.