CEFC invests $75m in new Palisade Investment Partners fund

The Clean Energy Finance Corporation (CEFC) has committed AU$75million as cornerstone investor into a new specialist renewable energy fund managed by Palisade Investment Partners.

The Palisade Renewable Energy Fund (PREF) is seeking to invest as much as AU$500 million in new investment to clean energy projects. PREF already has three assets in the portfolio – the Waterloo and Hallett 1 wind farms in South Australia, and the $225 million Ross River Solar Farm, near Townsville in Queensland. The CEFC has committed $20 million as an equity investor in the Ross River development, and is the CEFC’s first direct equity stake in a solar farm, the CEFC said. 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Author: Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

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