About Galileo Green Energy
Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator.
Galileo Green Energy is founded on a proven track-record of developing highly successful renewable energy businesses, with Galileo Green Energy’s management team members having developed businesses and pipelines of various renewable energy technologies and off-take solutions globally.
We are a culturally diverse team of energy experts who seek to drive innovation and make a direct and measurable contribution to the development of our industry, increase the energy-driven competitiveness of the European economy and help the safeguarding of our environment.
We are convinced that success lies in combining effectively a series of key competences and attitudes, within our team and with the support our partners, for the development and commercialisation of competitive renewable energy solutions across Europe.
We are keen to work with you and propel the European energy transition forward.
The business was launched in 2020 when HRL Morrison & Co., the international investment manager, and Ingmar Wilhelm teamed up to create the new renewable energies platform Galileo Green Energy with the backing of four long-term institutional investors:
- Infratil Limited, a New Zealand-based infrastructure investment company established by Morrison & Co in 1994 with a 40% interest;
- the Commonwealth Superannuation Corporation (‘CSC’), an Australian based pension fund with a 20% interest;
- the New Zealand Superannuation Fund (‘NZ Super Fund’), a New Zealand based pension fund with a 20% interest; and
- the Morrison & Co Growth Infrastructure Fund (‘MGIF’), a vehicle managed by Morrison & Co, with a 20% interest.
The executive management team of Galileo Green Energy is formed by a blend of international energy managers with long-standing track records in many competitive markets as well as across several renewable energy business models.
Infratil is an owner and operator of businesses in the energy (mainly renewable), transport, data centres and social infrastructure sectors. Infratil is listed on both the New Zealand and Australian Stock Exchanges (IFT.NZ, IFZ.AX) and currently owns assets in excess of NZ$6.5 billion.
The New Zealand Super Fund is a NZ$45 billion sovereign wealth fund established by the New Zealand Government to partially pre-fund the future cost of universal pension payments. A long-term, growth-oriented investor, the Fund has returned 9.7% p.a. since inception in 2003. The Fund is managed by the Guardians of New Zealand Superannuation, a Crown entity.
Commonwealth Superannuation Corporation looks after super funds designed specifically for Australian Government and Defence Force employees. Over A$44 billion invested in high-quality private and public assets including wind farms, waste management infrastructure projects, and renewable energy initiatives that add to the net new supply of facilities.
The Morrison & Co Growth Infrastructure Fund (‘MGIF’) MGIF was established in 2018 to provide institutional and sophisticated investors with access to attractive risk-adjusted returns through investments in unlisted infrastructure assets. The primary focus of MGIF will be on growth infrastructure and investments utilising a sustainability approach.