The Quiet Winner of the Texas Energy Crisis

Macquarie, an Australian investment bank, is poised to profit heavily off Texas’s briefly surging energy prices during the snowstorm. The Biden infrastructure program could be its next conquest.

by

The American Prospect is fiercely independent and reader-funded. Your support directly funds our team of investigative reporters, fact-checkers, and editors who produce in-depth journalism that holds the powerful accountable.

If you believe in reporting that informs, challenges, and inspires, there are two key ways to support us:


Donate to keep our nonprofit newsroom strong and fearless
Subscribe to our award-winning print magazine and receive our hard-hitting reporting and analysis in your mailbox 6 times a year

Your support makes our journalism possible. Thank you for standing with us.