By Bei Hu

Aug. 19 (Bloomberg) -- Macquarie Group Ltd., Australia’s largest investment bank, and China Everbright Ltd. plan to raise $1.5 billion for two funds to invest in infrastructure projects in China, Taiwan and Hong Kong.

Macquarie and Everbright, an offshore investment arm of the Chinese cabinet, will contribute as much as a combined $100 million to the funds, which will invest in toll roads, airports, renewable energy, water treatment, ports and railways in Greater China, they said in a joint e-mailed statement today.

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Posted by rjorr at August 19, 2009 3:02 PM