Aug 10, 2026 – 5.00amMacquarie Asset Management is preparing to sell its stake in the Port of Newcastle in a deal that could be worth more than $1.5 billion, as the world’s largest coal terminal prepares to lock in a four-decade plan to diversify out of fossil fuels and build a massive container terminal.The Infrastructure Fund, a Macquarie-managed business, has brought in Goldman Sachs to review its options for a half stake in the port, ahead of a wind-down of the broader investment vehicle in two years.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles